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The Market Breaks New Highs Again While Climbing The Wall Of Worry

By Seeking Alpha May 06, 2026 Bullish
The Market Breaks New Highs Again While Climbing The Wall Of Worry
The AI-driven CapEx boom is powering broad market highs across S&P 500, Nasdaq, and small caps, with momentum showing no signs of peaking. AI infrastructure spending has surpassed $700B and is projected to reach $1.63T by 2031, with compute comprising 69% of that outlay.
The AI-driven CapEx boom is powering broad market highs across S&P 500, Nasdaq, and small caps, with momentum showing no signs of peaking. AI infrastructure spending has surpassed $700B and is projected to reach $1.63T by 2031, with compute comprising 69% of that outlay.