#95 Year-End Market: AI CapEx, Nvidia, Neo-Clouds & 2026 Setup | Frazis Capital Podcast

About this episode

The episode discusses the current market conditions, focusing on AI investments, small cap performance, and the future outlook for various sectors.

Why markets look “fine” but small caps are quietly crashing The brutal 50 - 60% wipeouts in quantum, nuclear & neo-cloud stocks How 2025 became a one-way market dominated by AI & semiconductors AI CapEx, rate expectations, and why headlines are driving everything OpenAI vs Google Gemini vs Claude, who’s actually winning the AI race? The uncomfortable truth about Nvidia demand and “financed revenue” Neo-clouds explained: why leasing GPUs may signal weakness , not strength The looming AI oversupply risk nobody wants to talk about Why hyperscalers (Microsoft, Amazon) always win in compute cycles How our risk models cut exposure before major drawdowns Shorting as a defensive tools, reducing risk without timing the market Why US biotech quietly became one of the best-performing sectors GLP-1 drugs, oral weight-loss meds & the next healthcare rotation Software stocks at cycle lows, where 2–3x upside could emerge Why fintech and payments keep disappointing investors “Compounder” crashes: Nike, Lululemon & the end of premium multiples Aussie tech pain: Xero, WiseTech & massive valuation resets Defence, drones & insider selling, what signals really matter What…

Topics covered

• market analysis
• AI
• investing
• technology
• biotech

Keywords

• AI CapEx
• Nvidia
• neo-clouds
• biotech
• fintech
• software stocks
• GLP-1 drugs
• hyperscalers
• quantum stocks
• defensive tools

Mentioned in this episode

Products: Neo, Gemini, Claude, Nvidia, OpenAI, Google Gemini, Xero, WiseTech

Places: US

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