JPMorgan Says AI Has Become a Market-Wide Investment Theme

David Lebovitz, Global Market Strategist at JPMorgan Asset Management, said on July 9, 2026, during an appearance on Bloomberg Television's "Surveillance" that artificial intelligence (AI) is becoming an "everywhere trade" that permeates every corner of the market. He explained that investors are beginning to distinguish more clearly between the risks and rewards of AI, shifting away from indiscriminately buying anything AI-related toward selectively separating areas at risk of oversupply from those with robust demand. (Bloomberg, Bloomberg Law)