Coin Bureau - Trillions Are Quietly Leaving Tech

"If you only take a cursory glance at stock indices, it appears as though markets are calm near record highs - but beneath the surface, a major rotation is underway.

Crowded, high-duration tech and AI winners are losing momentum as investors start demanding real cash flow and real-world constraints instead of stories and narratives.

In this video, we look at the warning signs in the AI trade, why software is suddenly vulnerable, and why “physical economy” plays like utilities, copper, defense, and other industrials are back in focus."

~ Coin Bureau

The video explores a significant market rotation occurring in early 2026, where investors are moving away from high-growth technology and artificial intelligence stocks towards real-world assets and industrials. This shift is driven by increasing scepticism regarding the return on investment for massive AI capital expenditure and the disruptive threat AI poses to traditional software-as-a-service models. As a result, capital is flowing into sectors with tangible demand and physical constraints, such as electrical utilities, energy infrastructure, copper mining, and defence. Guy highlights how this transition is reflected in the rising demand for commodities like gold and the outperformance of equal-weighted indices over tech-heavy benchmarks. Ultimately, the narrative suggests that while the AI revolution continues, the market is now prioritising businesses with proven pricing power, reliable cash flows, and a critical role in building the physical infrastructure of the future.

~ TIMESTAMPS ~

0:00 Intro
1:18 Nvidia & Signs the AI Trade Is Slowing
4:26 OpenAI, AI Spending & Profitability Questions
7:56 AI Disrupting Software & SaaS Sell-Off
11:20 Capital Rotating Into Real Assets & Industrials
13:35 Copper Shortage & Critical Minerals Boom
19:02 Market Rotation Beyond Big Tech

Source - Coin Bureau Finance YouTube: https://www.youtube.com/watch?v=9y2XL04L3Tk

Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.