About this episode

Kim Bolton discusses the evolving landscape of AI investments and the importance of companies utilizing AI for earnings.

The AI trade isn’t just about tech anymore — it’s about all stocks. In this episode of In the Money with Amber Kanwar , Kim Bolton, President & Portfolio Manager at Black Swan Dexteritas, argues we’re entering the next phase of the AI cycle, where the winners won’t just be the companies building the technology — but the ones using it to drive real earnings. As he puts it, investors need to rethink what a “tech stock” even is. Kim explains why this recent pullback in tech looks more like a healthy consolidation than a structural break, and why software could remain under pressure in the near term as enterprises experiment with cheaper, more flexible AI tools. The real shift, he says, is from AI “pilots” to full deployment — where companies embed AI directly into business units to boost productivity, cut costs, and grow profits. That’s where the next leg of the market will be decided — and why the next 6 to 18 months could separate hype from real earnings power. In the mailbag, Kim breaks down Microsoft (MSFT) and why he still sees it as a “screaming buy,” even as sentiment has cooled, and explains why Nvidia (NVDA) continues to dominate the AI stack with a near-monopoly in…

People in this episode

Host: Amber Kanwar

Guest: Kim Bolton

Topics covered

• AI stocks
• investment strategy
• technology
• market analysis
• earnings
• portfolio management

Keywords

• AI
• investment
• tech stocks
• Microsoft
• Nvidia
• Micron
• Amphenol
• portfolio management
• earnings

Mentioned in this episode

Organizations: Black Swan Dexteritas

Products: Microsoft, Nvidia, Micron, Amphenol

Places: AI

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