Baird is a U.S. financial services firm offering investment banking, asset management, and equity research. In recent coverage, Baird technology managing director Ted Mortonson said the AI trade is in a fear phase and warned of a sharp drop if the market moves to panic, while noting AI spending in defense budgets is immense. Analyst David George said he is bullish on bank earnings and sees AI-driven capital markets cooling.
Baird's Mortonson: AI Trade in Fear PhaseTed Mortonson, managing director of technology at Baird, says the AI trade is currently in a fear phase and warns of a sharp, rapid drop if the market shifts from fear to panic.
Analyst: AI in defense budgets is 'immense'Ted Mortonson, Managing Director of Technology at Baird, discusses his outlook for tech and the AI trade, saying the amount of AI going into defense budgets is 'immense.'
Analyst bullish on bank earnings, sees AI-driven markets coolingBaird analyst David George said he is bullish on upcoming bank earnings despite a risk-off market, arguing AI-driven capital markets may cool, regional banks could outperform the giants, and post-election consolidation and higher rates set up JPMorgan and others for upside.
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