Are markets rallying on strength - or simply ignoring the risks building beneath the surface?

Big Tech splits into two camps: AI heavyweights like Alphabet, Amazon, Meta and Microsoft pour billions into the future, while Apple doubles down on massive buybacks.

Intel shocks markets with its best day in decades, while Nvidia pushes past a staggering $5 trillion valuation milestone.

Meanwhile, Morgan Stanley flags conviction picks ahead of earnings, even as expectations climb dangerously high.

With the Federal Reserve leadership in flux and oil prices surging, investors face a complex mix of growth optimism and macro uncertainty.

Hosted by Michelle Martin with Ryan Huang.