A widely followed Wall Street sentiment gauge, often referred to as the 'theme-o-meter,' is signaling that the artificial intelligence bull market has regained momentum.
The indicator suggests that investor appetite for AI-related equities has rebounded sharply, marking a shift in market psychology after a period of caution.
This renewed optimism aligns with recent price action across global equity markets.
Major indices rallied on Thursday as buying interest returned to the technology sector.
The advance was broad-based, reflecting a recovery in risk sentiment that had been dampened by earlier concerns over valuation and growth sustainability in the AI space.
The catalyst for the turnaround appears to be a series of strong financial results from key US semiconductor manufacturers.