The first half of this week is clearly dominated by AI and tech stocks, and no wonder...

CEO of $JPM (the only bank in my portfolio) Jamie Dimon estimates that AI infrastructure investments will reach $1 trillion next year.

According to him, hyperscaler spending has more than doubled, from about $300 billion in 2025 to roughly $700 billion in 2026.

But he also recalled the dot-com bubble, when many well-known stocks failed and previously unknown companies became the biggest winners. Hyperscalers like $MSFT, $AMZN, $GOOG and $META will thus face growing pressure to justify their massive investments with real results.