The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor
MarketWatch· Barbara Kollmeyer· Jun 16, 2026 · 12:00 PM
One hot AI trade that is starting to wind down is the “bottleneck trade,” says Altreides Management managing partner Gavin Baker
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
marketsabout 4 hours ago
Chip stocks suffer worst stretch in 16 months as AI fatigue grips the market
Anticipation is building for Anthropic’s investor day, as Wall Street grows less patient with heavy AI spending.
MarketWatch
marketsabout 4 hours ago
AST SpaceMobile’s stock is feeling the heat from SpaceX’s wireless plans
AST’s commercial rollout could face delays due to satellite-launch challenges and SpaceX’s growing ambitions, an analyst warns.
MarketWatch
marketsabout 4 hours ago
Was Broadcom CEO bullish or bearish on AI? ‘Gamblers’ comment creates storm.
The comments made by Broadcom’s CEO at a conference in Singapore have been cited as a reason for microchip stocks’ slumps on both Monday and Tuesday.
MarketWatch