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Investment Weekly

Zooming out after this week’s tech wobble
07 November 2025
    Articles

    Chart of the week – Zooming out after this week's tech wobble

    Chart of the week – Zooming out after this week's tech wobble

    This week’s volatility in tech stocks shows that despite solid earnings reports for the sector, there is now a much higher bar for big tech names to perform in a backdrop where phenomenal capex spend is increasingly scrutinised. While AI remains an important theme for investors, and a driver of potentially significant returns, it can be helpful to take a step back and zoom out to the bigger picture: what could investment returns look like over the coming years rather than next 6-12 months?

    More from this week:

    Market Spotlight

    • Democratising private equity

    Lens on…

    • Same destination but different roads
    • A new Korea
    • Yen and bear it

    Read the full commentary PDF, 3.36MB 

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