QCP Capital: If AI companies' revenue fails to keep pace with investment, it could trigger a broader revaluation of the stock market.

According to Mars Finance, on December 18th, QCP Capital published an article on its official channel stating that the market is ending the year in a fragile balance of confidence and caution. The Federal Reserve's dovish rate cuts were mixed with hawkish leanings, signaling support for the labor market while firmly focusing on inflation. The dot plot suggests a flattening interest rate path, with the market currently pricing in approximately two to three rate cuts next year. The stock market remains a key macroeconomic swing factor. Funds continue to flow into the artificial intelligence infrastructure sector, but its monetization is lagging. If income growth fails to keep pace with investment, the risks will spread from the AI sector, potentially triggering a broader stock market revaluation in 2026. The cryptocurrency market continues to face pressure as Morgan Stanley Capital International reviews the index inclusion eligibility of digital asset treasury management companies. This could trigger up to $2.8 billion in passive fund outflows.