According to BlackRock analysts, the AI-driven momentum behind the S&P 500’s rally this year is projected to continue supporting returns over the next six to twelve months.
During a recent media roundtable, Wei Li, global chief investment strategist at BlackRock Investment Institute, highlighted reasons for their bullish stance on equities. These include substantial capital expenditures by companies in AI and growing demand for low-carbon energy. Li pointed out that investments in AI data centers are expected to increase annually by 60% to 100% in the coming years.
Li emphasized the scale of this capital expenditure, comparing it to historical benchmarks such as the Industrial Revolution.
