AI fuels tech, bonds pay well: DBS CIO's market take

It seems so, at least for the big financial players. Hou Wey Fook, the Chief Investment Officer at DBS Group, is convinced that artificial intelligence is the fuel still driving up earnings for major tech companies. It's not just a passing wave, apparently, but a concrete push translating into tangible profits.

The idea is that the widespread adoption of AI is transforming how companies operate and earn. This, naturally, reflects in their balance sheets and, consequently, their stock value. Hou Wey Fook, Chief Investment Officer at DBS Group, stated that AI-led earnings growth continues to underpin major technology stocks. So, if you hold some tech giants in your portfolio, you can sleep relatively soundly for now, or so we're told.