AMI Asset Management Investment Perspective Episode #34 - 7/03/2025

In this week’s AMI Investment Perspective, the team analyzes a stronger-than-expected jobs report and its impact on Fed policy expectations. They discuss Tesla's mixed Q2 deliveries, tariff changes affecting Vietnamese imports, and Constellation Brands’ resilient beer sales. The Senate’s “big, beautiful bill” is explored, particularly its shift in energy incentives toward nuclear and natural gas, with implications for companies like NextEra and Constellation Energy. In tech, easing U.S.–China trade restrictions boosted chip design stocks, while Amazon and Microsoft’s latest AI developments signal major workforce transformations. The episode wraps with a look at growing diversification in AI hardware, including OpenAI’s reported interest in Google’s TPUs.