Market Mayhem, AI & Software

Welcome back to AlphaTarget Pulse — your deep dive into markets, business, technology, and investing. In this episode, our expert panel breaks down the wild rotation out of high-growth tech/AI stocks, the irrational fears around an "AI bubble" vs. "AI killing software," and why Google's Q4 2025 results (released after close) confirm the AI capex cycle is roaring ahead.Joined by:  Irnest (CFA, top-ranked SA analyst, ex-Societe Generale) – our numbers man Anirban (PhD CS, ex-Motley Fool Australia Research Director) – Bleeding Edge tech insights  Damia (ex-Citibank/investment banking) – our data queen AI workloads set to triple by 2030 (McKinsey), with inference surging 5x at ~35% CAGR  CoreWeave CEO: Inference now >50% of workloads (up from 35% recently)  Google Q4: Search +17% YoY, Cloud +49% to $17.7B, Gemini >750M MAUs, 2026 CapEx $175–185B (massive beat)  Software TAM to grow 3x by 2037 (9%+ CAGR), agentic AI as tailwind for infra/cyber  Why "vibe coding" won't kill mission-critical SaaS anytime soon  Historical parallels: Cloud shift didn't destroy incumbents — AI likely rhymes  Macro tailwinds: Rate cuts, QT end, strong US GDP momentum → setup for growth stock rebound Key highlights: We separate hype from reality: This pullback looks like a classic rotation, not the end of AI/software growth. Oversold names could deliver big gains ahead.