A massive AI bottleneck is generating giant stock market winners. Do you own them?

Today’s issue in preview:

• A massive AI bottleneck is generating giant stock market winners. Do you own them?

• Copper mining stocks are moving like a runaway train.

• As we expected, the robotics industry is becoming a stock market phenomenon. How to invest.

• The equal weight S&P ETF reaches an all-time high.

A massive AI bottleneck is generating giant stock market winners. Do you own them?

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This week, both Bloom Energy (BE) and GE Vernova (GEV) soared to new all-time highs. It’s yet more evidence that the AI Power Consumption theme is a promising place for your investment capital.

Bloom Energy is manufacturer of the Bloom Energy Server – aka “Bloom Box” – a transportable power generation system that converts fuels like natural gas into electricity. Bloom Boxes are in very high demand among AI data center operators because they allow for data centers to reduce their reliance on strained electric power grids.

GE Vernova is one of the world’s largest manufacturers of natural gas-fired turbines that generate electric power. Its products are an essential part of the U.S. power grid. Like Bloom, GE Vernova’s products are in very high demand thanks to the AI boom.

Regular readers know one of the largest and most profitable facets of the AI megatrend is power consumption. Thanks to AI’s enormous promise, giants like Google, Meta, Microsoft, and OpenAI are spending hundreds of billions of dollars a year on data centers, AI chips, and other infrastructure components.

All that AI infrastructure is poised to consume huge amounts of electricity. Goldman Sachs forecasts global power demand from data centers will climb 50% by 2027 and as much as 165% by the end of the decade. This demand is driving a big bull market in virtually every form of electric power production.

Bloom and GE Vernova are two of the highest-profile beneficiaries of this demand spike. Both are reporting tremendous revenue growth and future order backlogs. Their fresh all-time highs serve as a reminder that the AI Power Consumption theme is alive and well… and generating large returns.

See our work on natural gas pipelines and utilities for additional ways to benefit.

Copper mining stocks are moving like a runaway train

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Isaac Newton was right. An object in motion tends to stay in motion. Trends tend to persist. These facts can make you a lot of money in stocks.

If we can learn anything from the recent extraordinary rally in copper and copper mining stocks, it’s the concept above… which is one of the foundational beliefs that guides my thinking and trading.

For over two years, I’ve been long the copper mining theme, and I’ve urged others to go long as well. The bull case here is simple: Over the past 30 years, the copper mining industry has discovered or developed few meaningful copper deposits. Meanwhile, the collective buildout related to AI, power grids, renewable energy, and EVs is turbocharging copper demand.

My call is proving to be a big winner. The copper market’s giant, long-term bullish dynamics are working to create a glacier-like megatrend of gradually rising prices… which is driving copper mining firms higher and higher.

The Global X Copper Miners ETF (COPX) is the world’s largest copper mining-focused ETFs. In August 2025, COPX broke out to a new 52-week high and bolted 35% in less than two months.

After digesting this large gain and moving sideways for a few months, COPX resumed its uptrend. Since December, COPX has climbed relentlessly… reaching new all-time highs week after week after week. COPX climbed 15% in December 2025 and 29% in January.

Yesterday, COPX broke out to yet another new all-time high. It’s up 150% over the past 12 months and up 32% year-to-date.

This surge in copper miners is one of the biggest and best trades of the past few years. It reminds us that yes, Isaac Newton was right. An object in motion tends to stay in motion. The huge trends in business, technology, demographics, and politics that shape our world play out over years, not months. This means the financial market trends they manifest tend to persist for years, not months.

I expect this to be the case for copper for years to come. Still long.

As we expected, the robotics industry is becoming a stock market phenomenon. How to invest.

Credit: SweetBunFactory

Elon Musk has made it clear: The humanoids are coming.

During Tesla’s four quarter earnings call, Musk announced the company would phase out two car models to free up factory capacity to build Optimus humanoid robots.

Humanoids are poised to become one of the most impactful, most popular innovations in history. Imagine millions of robots in our homes, factories, mines, and fields doing work most of us consider to be dirty, dangerous, and tedious.

In pursuit of humanoid market dominance, venture capitalists and large tech firms such as Tesla, Google, Amazon, and Microsoft are pouring billions of dollars into humanoid factories and related R&D. Over a dozen humanoid makers are competing for the title of “king of the humanoid market.”

Just last night, Nvidia (NVDA) CEO Jensen Huang said that physical AI (robotics) is now contributing $6 billion per year in revenue to NVDA. He said it best himself:

“The ChatGPT moment for robotics has arrived. For the first time, AI models are now good enough to serve as a foundation for building products that move, reason, and interact with the physical laws of our world”

In short, humanoids and the robotics industry as a whole represent a huge investment opportunity.

On February 5^th 2026, we outlined six ways to invest in “the biggest product of all time” (i.e. humanoid robots).

Four of these stocks are now near or at 52-week highs. That’s Regal Rexnord (RRX), RBC Bearings (RBC), Alient (ALNT), and Teradyne (TER).

Teradyne (TER) has surged 50% in the last month alone, putting it at 77% year-to-date, and 208% over the last year.

TER is a $54 billion semiconductor equipment giant that is slowly becoming a robotics play. Its primary business builds autonomous testing systems that validate chips for Nvidia, Apple (AAPL), and other companies like Qualcomm (QCOM). However, Teradyne also owns two “pure play” robotics companies: Universal Robots (a market leader in robotic arms) and MiR (an autonomous leader in mobile warehouse bots).

In 2026, Teradyne will continue pivoting towards robotics. Only 10% of its revenue comes from robotics today, but company leaders see the future very clearly. Robotics stands to become a much larger part of Teradyne’s business.

The robotics megatrend is poised to change the world forever. The world’s largest tech companies are betting big on it. Specialized component makers like the ones above allow us to bet on it as well.

Market Notes

• My October 2024 recommendation to own E&C stocks to benefit from the AI data center building boom and the Power Grid Upgrade continues to pay off. Yesterday, E&C leader Sterling Infrastructure (STRL) reported strong business results. The stock is up 2.36% and just reached an all-time high.

• South Korean stocks are soaring. The iShares South Korea ETF (EWY) climbed 3% today to reach an all-time high. South Korea’s stock market is heavily weighted towards AI memory makers. EWY is up 170% over the past year.

• It’s a broad bull market. The Invesco S&P 500 Equal Weight ETF (RSP) reached an all-time high today.

• The SonicShares Global Shipping ETF (BOAT) reached an all-time high today. This fund owns a diversified basket of large ocean shipping firms. Its new high is a bullish economic signal.

• American auto giant Ford Motor (F) reached new one-year high today.

Regards,

Brian Hunt
Editor, Money & Megatrends