Reported by Yahoo Finance · finance.yahoo.com · July 28, 2026
The EMA GARP Fund, managed by Equity Management Associates, recently released its second-quarter investor letter for 2026. The letter can be downloaded here. The letter emphasizes that capital expenditures in artificial intelligence (AI) are driving growth and earnings, despite extreme valuations in the U.S. market, which resemble a bubble-like situation. It also discusses the impact […]
What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.
Market reaction today: $ARIS -0.24%
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