Daily Market Updates: Midterm elections provided the hyperscalers with the excuse they needed to cut back on spending, says Jefferies strategist

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Midterm elections provided the hyperscalers with the excuse they needed to cut back on spending, says Jefferies strategist

Reported · Written up by our desk · Equities

If the AI capex narrative is losing momentum then Jefferies strategist Chris Wood can recommen some sectors , like pharma, and some markets like India, Brazil and China, as ways to play that slowdown.

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MarketWatchMidterm elections provided the hyperscalers with the excuse they needed to cut back on spending, says Jefferies strategist

US Markets

Midterm elections provided the hyperscalers with the excuse they needed to cut back on spending, says Jefferies strategist

More like this

Sources

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