AI stocks have swung sharply between fear and excitement. Is the pullback in chipmakers a buying opportunity, or are investors still expecting too much? Lance Alexander speaks with Arun Pai, Partner at Monk’s Hill Ventures, about what is driving the volatility and which businesses could face a real threat from AI. They also examine Costco’s latest results and the price investors are paying for its shares. Plus, with Nike’s earnings due after the interview, what would show that its turnaround is making progress?