AI Investors Should Focus on Actual Contracted Projects -- Market Talk

1127 GMT - Investors in stocks linked to the artificial intelligence build-out should look to the underlying commitments of AI companies rather than speculative hype around projected data-center expansion, Persistence Analytics Group's Neil P. Osnato says. The concern is about a slowdown in the AI build-out after the Democratic victory in the U.S. midterms, Osnato says. But rather than getting caught up in headline numbers on the amount of power generation potentially hit by delays, investors should assess what AI companies have already committed to buying and building, he adds. "The investment question isn't simply whether data-center construction slows. It is which underlying commitments remain executable, which move to a different timetable, and which were never sufficiently evidenced in the first place." Nasdaq futures add 1.4% after the index suffered its worst day since April 2025 on Thursday. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

November 06, 2026 06:27 ET (11:27 GMT)