Damned if you spend, damned if you don’t | MarketTalk

Middle East tensions are once again shaking global markets, sending oil prices and bond yields sharply higher just as investors were hoping for a calmer second half of the year. Technology stocks are attempting a rebound, but higher borrowing costs and persistent inflation risks continue to challenge valuations. Meanwhile, Big Tech faces a dilemma: keep investing aggressively in artificial intelligence to stay ahead of rapidly advancing Chinese competitors, or slow spending and risk losing its technological edge. As Alphabet prepares to update investors on its capital expenditure plans alongside its latest earnings, markets may care more about future AI spending than the quarterly numbers themselves. Is the AI investment boom still justified, or is it becoming too expensive to sustain? Watch for the key risks and opportunities shaping the next move in global markets. Watch the full episode to find out more! 0:00 Intro 1:14 Middle East tensions sit at the center of global macro news 2:30 FX update 4:22 Investors move to the short end of the yield curve: what’s the implication? 6:19 Tech stocks attempt a rebound 8:15 Alphabet kicks earnings season on Wed, with focus on spending! Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020, and launched her own website ipekScope.com in 2025. #AI #ArtificialIntelligence #MoonshotAI #KimiK3 #China #OpenAI #Anthropic #Nvidia #TSMC #Semiconductors #TechStocks #StockMarket #Investing #Economy #Oil #Geopolitics #Nasdaq #HangSeng #Markets #Finance #Swissquote #MarketTalk _____ 👉 Discover our brand and philosophy: https://www.swissquote.com/en/group _____ 👉 Deepen your trading and investing knowledge with Swissquote Inspire: explore our articles, analyses, webinars and exclusive content: https://www.swissquote.com/private/inspire _____ 👉 Discover Swissquote’s culture and join a company that values innovation, diversity and team spirit: https://www.swissquote.com/en/careers