Market Outlook: Amazon margins seen expanding as AI demand accelerates - BNN Bloomberg

Strong first-quarter earnings growth in the U.S. is helping investors look past elevated valuations and ongoing geopolitical tensions tied to the conflict in Iran. While higher energy prices and the continued shutdown of the Strait of Hormuz are creating pressure across parts of the economy, enthusiasm around artificial intelligence-related spending continues to support U.S. equities. BNN Bloomberg spoke with Julien Nono-Womdim, vice-president of equity analysis at Goodreid Investment Counsel, about why he believes earnings growth remains the key driver for stocks, where AI-related investment…