Advanced Micro Devices Inc. jumped about 9% on Meta Platforms Inc.’s plans to spend billions on its gear. “This ‘we’re here to help, not hurt’ message from Anthropic is helping to trigger a fairly healthy rebound rally in software,” he said. “AI disruption risk is not new information, but the catastrophizing seems overdone,” said Andrew Tyler, who runs the Global Market Intelligence team at JPMorgan Chase & Co. The business cycle should limit equity drawdown risk despite AI disruption and concerns over geopolitical shocks, according to Goldman Sachs Group Inc. strategists, including Andrea Ferrario and Christian Mueller-Glissmann. “While somewhat elevated valuations do increase the risk of smaller corrections, our current optimistic macro baseline and broadly supportive market sentiment should limit drawdown risk,” they added.

Source: The Edge Markets February 24, 2026 22:17 UTC