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Investment Weekly

Tech capex blowout
21 November 2025

    Chart of the week – Tech capex blowout

    Chart of the week – Tech capex blowout

    Global technology stocks have been volatile recently. And while earnings news from Nvidia and a positive September payrolls report settled some of those nerves this week, we think several factors could keep investors on edge into 2026.

    More from this week:

    Market Spotlight

    • On the defensive

    Lens on…

    • Return of the data
    • What a carry on!
    • Bitcoin in bits

    Read the full commentary PDF, 3.29MB