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BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree
Market Intelligence Analysis
AI-Powered
Why This Matters
BlackRock is optimistic about the 'pick and shovel' trade in AI, expecting leading tech firms to tap debt markets for further funding, indicating a potential increase in capital allocation to the sector.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Powell noted that leading tech firms have only begun to tap debt markets to fund the next phase of AI expansion, suggesting additional capital is on the way.
Original article published by
CNBC
on December 8, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.