Tech Stock Bubble May Be Forming, Threadneedle's Berry Warns

The transcript discusses the impact of CapEx on big tech earnings, focusing on Meta's significant investment plans and the lack of transparency in ROI discussions. Concerns are raised about potential bubbles and the need for clear ROI metrics. The market's reaction to these investments, especially in AI, is also analyzed, with predictions on how different sectors might perform in the upcoming earnings season.

In what ways does the speaker suggest that investor reactions may vary based on the sector?

What does the speaker imply about the current state of the equity market and its risk premium?