Squawk on the Street SOTS 2nd Hour: Tech Investor Dan Niles, Truist Wealth's Chief Investment Officer, & Today's Big Tech Trade 9/15/25
Sep 15, 2025
Dan Niles, a tech investor and founder of Niles Investment Management, discusses the surge in technology stocks and the implications of AI on investment strategies. He highlights Google's milestone of a $3 trillion market cap and the bullish sentiment surrounding Apple’s new iPhones. Scott Gottlieb, former FDA Commissioner, examines vaccine-related news and upcoming CDC policies, emphasizing public health trends and regulatory challenges. Together, they explore the intersection of tech and healthcare, shedding light on current market dynamics and future prospects.
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Episode notes
Follow Earnings, Not Headlines
- Keith Lerner recommends focusing on earnings momentum as the primary market driver amid Fed uncertainty.
- He expects any Fed-driven pullback to be limited and advises staying with tech and communication services where earnings are strongest.
Rotation Within Tech Is Healthy
- Lerner notes the market is rotating within AI mega-caps rather than exiting the space, which he views as healthy breadth.
- He also says small- and mid-caps are beginning to participate more recently.
Who Actually Wins AI
- Niles argues winners in AI will be firms with massive consumer or corporate data troves like ByteDance, Meta, Google, and Microsoft.
- He views companies outside these two buckets as facing long-term competitive risk.