UBS Group noted that stocks of companies related to AI have been driving the market higher for years, and this trend may continue. "While the easy rise of AI may be over, we believe this wave of growth seems far from finished," wrote Solita Marcelli, Chief Investment Officer for UBS Group Global Wealth Management in the Americas. Significant capital expenditures related to AI within the SSE Mega-cap Index Technology stocks supported last year's AI rebound, despite "cyclical doubts about its sustainability," and the upcoming Earnings Reports season "may reveal larger-scale investment plans."