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AI boom and blockbuster tech earnings lift markets even as Middle East risks loom

Economy
Published on 7 May 2026
AI boom and blockbuster tech earnings lift markets even as Middle East risks loom

Markets are fading geopolitics to chase earnings

Markets are staying elevated as investors lean more on AI-driven growth and strong corporate earnings than on geopolitical tensions, according to Mark Matthews. He points to unusually strong tech results as a key support for recent highs, even with Middle East uncertainty. Matthews also flags India as attractive thanks to improving valuations and ongoing FII buying.

  • Investors are prioritizing AI growth and earnings over geopolitics
  • Tech earnings are a major driver of market highs
  • Middle East uncertainty has not derailed sentiment
  • India looks attractive with better valuations and FII inflows
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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