The math is getting challenging: economic realities start to bite as UBS downgrades U.S. tech stocks

MarketWatch
by Jules Rimmer
February 17, 2026
UBS global head of equities thinks the question of how to turn capex into profits is becoming more challenging for AI developers to answer as funding commitments boom and funding gets more difficult.
Verticals
financemarkets
Originally published on MarketWatch on 2/17/2026