News Archive

European Equity Rotation Gathers Pace as Regional ETFs Post 23% Twelve-Month Gains

Investors reallocating away from concentrated US megacap exposure are finding valuation support and earnings breadth in Europe, while Berkshire's 658% increase in its Alphabet stake underscores selective conviction in US large caps.

Capital is rotating into European equities, with one widely held Europe ETF up 23% over twelve months as investors seek diversification away from a heavily concentrated US index complex. The move is being driven by relative valuation, improving earnings breadth and developed-market flows tracked by broad ex-US vehicles such as SPDW. At the same time, Berkshire Hathaway's decision to lift its Alphabet share count by 658% in a single quarter demonstrates that the rotation is discriminating rather than wholesale — quality US large caps at reasonable multiples still command institutional capital.

AI Infrastructure Trade Fractures as Investors Reprice GPU Longevity

Nebius and CoreWeave melt-ups collide with mounting scrutiny of Nvidia depreciation assumptions, while AMD valuation resets and Super Micro guidance underscore a widening quality gap in the AI complex.

The AI infrastructure trade is no longer monolithic. Speculative neoclouds are surging while investors interrogate the core assumption underpinning the cycle: that Nvidia GPUs are perpetual cash-flow machines. Commentary reframing accelerators as depreciating capital rather than durable assets is beginning to filter into valuation frameworks across semis, hyperscale hardware and power-adjacent 'hard asset' plays.

AppLovin shares fall about 20% despite 53% revenue growth

AppLovin reported a 53% jump in revenue but its stock dropped roughly 20%, extending a decline that has cut the shares in half this year.