{"id":642919,"date":"2026-10-27T15:52:11","date_gmt":"2026-10-27T15:52:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/642919\/"},"modified":"2026-10-27T15:52:11","modified_gmt":"2026-10-27T15:52:11","slug":"ai-stocks-adam-parker-says-the-ai-trade-isnt-over","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/642919\/","title":{"rendered":"AI stocks: Adam Parker says the AI trade isn&#8217;t over"},"content":{"rendered":"<p>The artificial intelligence trade has been under scrutiny due to rising credit concerns in the space, but Trivariate Research founder Adam Parker is still bullish. &#8220;We can&#8217;t be sure how long the cycle will last, but most experts think this is a 10-year cycle, with datacenter build outs likely taking longer than that in some cases. Even if this ends up being a 7-8 year investment cycle, we are only halfway into it now, and we highly doubt selling the exposed securities this far in advance is prudent,&#8221; he wrote to clients. Parker noted that, while the AI trade began in earnest in early 2023, increased productivity from the technology hasn&#8217;t fully trickled into earnings yet. &#8220;Only 15% of companies were discussing any of these issues at the beginning of the year, and still less than 50% of the top 500 US equities are discussing any of them today. Cost-related productivity is IN FRONT of us, not behind us,&#8221; he said. AI-linked stocks have propelled the bull market to new heights in recent years. Since May 2023, the S &amp; P 500 is up 84%, with the tech sector surging a whopping 147% in that time. Semiconductor stocks have quadrupled since then, with the VanEck Semiconductor ETF (SMH) up 335% \u2014 and Nvidia soaring 647%. October 2026 has been a different story, however. While the S &amp; P 500 is up slightly this month, the SMH has tumbled 11% and the S &amp; P 500 tech sector has fallen 4.8% as borrowing fears lead investors to pare exposure to AI names. Nvidia has fallen more than 5% this month. Yet Parker thinks the best is yet to come from the AI trade. &#8220;A legitimate bull case for the S &amp; P500 is that earnings can stay above trend because of productivity on labor that is still not yet in the numbers,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"The artificial intelligence trade has been under scrutiny due to rising credit concerns in the space, but Trivariate&hellip;\n","protected":false},"author":2,"featured_media":642920,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,553,2338,111,139,5742,69,2710,2340,145,18650],"class_list":["post-642919","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-business-news","tag-investment-strategy","tag-new-zealand","tag-newzealand","tag-nvidia-corp","tag-nz","tag-sp-500-index","tag-stock-markets","tag-technology","tag-vaneck-semiconductor-etf"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/642919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=642919"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/642919\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/642920"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=642919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=642919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=642919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}