Weak US jobs boost investor optimism | MarketTalk

Weak US jobs data gave markets exactly what they wanted: lower US yields and softer Federal Reserve expectations. While the report wasn't strong enough to reverse the ongoing selloff in technology stocks, it helped fuel a powerful rotation into sectors and indices with less tech exposure, sending several benchmarks to fresh record highs. Today, we lean on why investors are cheering weaker economic data, what it means for the US dollar, gold and oil prices, and why technology shares continue to face headwinds despite a friendlier interest-rate backdrop? I also look at the latest developments surrounding Meta, Oracle, OpenAI and Anthropic, and discuss why the biggest long-term beneficiaries of the AI boom may not be chipmakers alone, but also the energy, water and metals needed to power tomorrow's data centres. Could natural resources become the next AI trade? Watch the full episode to find out more! 0:00 Intro 1:11 Bad news is good news 4:13 Tech vs the rest 6:44 Energy, commo: under-owned? Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020, and launched her own website ipekScope.com in 2025. #Markets #USJobs #NonfarmPayrolls #FederalReserve #InterestRates #SP500 #Nasdaq100 #DowJones #MarketRotation #AI #Technology #Semiconductors #Meta #Oracle #OpenAI #Anthropic #Gold #Oil #Copper #Uranium #Energy #Investing #Macro #Economy #Swissquote #MarketTalk _____ 👉 Discover our brand and philosophy: https://www.swissquote.com/en/group _____ 👉 Deepen your trading and investing knowledge with Swissquote Inspire: explore our articles, analyses, webinars and exclusive content: https://www.swissquote.com/private/in... _____ 👉 Discover Swissquote’s culture and join a company that values innovation, diversity and team spirit: https://www.swissquote.com/en/careers