Barron's polled 81 professional investors: half are bullish on U.S. stocks over the coming year, but only 37% believe today's AI infrastructure spending will produce positive returns within two years, 32% say it won't, and the rest say it is too early to know. The bulls still expect the S&P 500 to gain about 8% through the end of 2027. In October, the Invesco QQQ Trust (QQQ) fell 6.95%, while the SPDR S&P 500 ETF Trust (SPY) slid just 1.08%. Respondents split equally on the top near-term risk, with 27% naming an AI slowdown and 27% naming rising interest rates, as the 10-year Treasury yield hit 5.31% on October 5 and stood at 4.98% on October 29, while the Federal Reserve's target rate holds at an upper bound of 4.00%. The article also notes that chipmakers, networking firms and power-equipment makers receive AI spending as soon as purchase orders are approved, whereas hyperscalers need years of cloud and software sales to recover it.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Only 37% of Wall Street’s Money Managers Think AI Will Pay Off Within 2 Years — Half Are Still Bullish
Read the original on Yahoo Finance ↗
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 755.72 |
| Change that session | -1.77% |
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