Everyone’s calling this the bubble before it bursts - and that’s a first.

In this episode, Maroun Younes joins Lukasz de Pourbaix to unpack the AI boom led by mega-cap giants. Are we witnessing a historic overreach or the early innings of a structural revolution?

Tune in for a candid look at valuations, capex, and the physics behind the hype and how investors can tackle this next tech era.

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Explore our insights on the AI Boom and how investors can navigate this next tech era.

Learn more about the Fidelity Global Future Leaders Fund and Active ETF

We’d love to hear from you! Email us at PodcastsAustralia@fil.com with suggestions for episodes or guests. For more information on Fidelity visit fidelity.com.au.

Read our full disclaimer. This episode was recorded 6 November 2025.

Everyone&rsquo;s calling this the bubble&nbsp;before&nbsp;it bursts - and that&rsquo;s a first.
In this episode, Maroun Younes joins Lukasz de Pourbaix to unpack the AI boom led by mega-cap giants. Are we witnessing a historic overreach or the early innings of a structural revolution?
Tune in for a candid look at valuations, capex, and the physics behind the hype and how investors can tackle this next tech era.
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<a href="https://www.fidelity.com.au/adviser-resources/webinars/navigating-the-ai-boom-a-framework-for-investing/?utm_medium=podcast&amp;utm_source=soundbites&amp;utm_campaign=AU_2025_ISS-Wholesale_Awareness_Asset-Class-Equity_Clicks_portfolio-power-play&amp;utm_content=English_audio_audio_AI-bubble_Maroun-webinar" data-saferedirecturl="https://www.google.com/url?q=https://www.fidelity.com.au/adviser-resources/webinars/navigating-the-ai-boom-a-framework-for-investing/?utm_medium%3Dpodcast%26utm_source%3Dsoundbites%26utm_campaign%3DAU_2025_ISS-Wholesale_Awareness_Asset-Class-Equity_Clicks_portfolio-power-play%26utm_content%3DEnglish_audio_audio_AI-bubble_Maroun-webinar&amp;source=gmail&amp;ust=1763074636356000&amp;usg=AOvVaw1ZetCEWMygnlPFjcnUxXd9">Explore our insights</a>&nbsp;on the AI Boom and how investors can navigate this next tech era.
Learn more about the&nbsp;<a href="https://www.fidelity.com.au/funds/fidelity-global-future-leaders-fund/?utm_medium=podcast&amp;utm_source=soundbites&amp;utm_campaign=AU_2025_ISS-Wholesale_Awareness_Asset-Class-Equity_Interaction_global-future-leaders&amp;utm_content=English_audio_audio_AI-bubble-Maroun" data-saferedirecturl="https://www.google.com/url?q=https://www.fidelity.com.au/funds/fidelity-global-future-leaders-fund/?utm_medium%3Dpodcast%26utm_source%3Dsoundbites%26utm_campaign%3DAU_2025_ISS-Wholesale_Awareness_Asset-Class-Equity_Interaction_global-future-leaders%26utm_content%3DEnglish_audio_audio_AI-bubble-Maroun&amp;source=gmail&amp;ust=1763074636356000&amp;usg=AOvVaw31Rjp2eWHvCJRcBbaRgtOB">Fidelity Global Future Leaders Fund</a>&nbsp;and Active ETF
We&rsquo;d love to hear from you! Email us at&nbsp;<a href="mailto:PodcastsAustralia@fil.com">PodcastsAustralia@fil.com</a>&nbsp;with suggestions for episodes or guests. For more information on Fidelity visit&nbsp;<a href="http://fidelity.com.au/" data-saferedirecturl="https://www.google.com/url?q=http://fidelity.com.au&amp;source=gmail&amp;ust=1763074636356000&amp;usg=AOvVaw2c4FlfXGM9BhCehfcdrl5f">fidelity.com.au</a>.
<a href="https://www.fidelity.com.au/disclaimers/fidelity-sound-bites-podcast-disclaimer/" data-saferedirecturl="https://www.google.com/url?q=https://www.fidelity.com.au/disclaimers/fidelity-sound-bites-podcast-disclaimer/&amp;source=gmail&amp;ust=1763074636356000&amp;usg=AOvVaw01cV8CxgJ4rzx5mVY2BRo6">Read our full disclaimer.</a>&nbsp;This episode was recorded 6 November 2025.

Your direct connection to some of Fidelity Australia's leading portfolio managers. Listen in every month as they tell you what’s on their mind when it comes to markets and, their portfolios, as well as special topical bonus episodes.

Your direct connection to some of Fidelity Australia's leading portfolio managers. Listen in every month as they tell you what’s on their mind when it comes to markets and, their portfolios, as well as special topical bonus episodes.

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