AI & Cash Flow: This Week’s Cross‑Sector Tradeoffs — Valuation Resets, Data‑Center Momentum, and Income Preference

This week’s research highlights an equity market defined by intense AI/data‑center leadership, broad valuation reset debates across software and services, and a renewed preference for income and regulated cash flows. Analysts identify clear winners from AI capex but warn that stretched multiples, geopolitical shocks and execution risk leave the tape finely balanced.