Bloomberg Surveillance Bloomberg Surveillance TV: February 26th, 2026
Feb 26, 2026
Andrew Bishop, geopolitics and defense policy expert at Signum Global Advisors. Angelo Zino, semiconductor and AI equity analyst at CFRA. Emily Roland, macro and portfolio strategist at Manulife. They discuss Nvidia’s shock results and market reaction. Global rallies in Korea, Europe and Japan. AI monetization questions, China exposure and licensing limits. Timing and risks around potential strikes and proxy retaliation.
AI Snips
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Episode notes
AI Earnings Surge Yet Market Reward Is Mixed
- U.S. AI winners delivered massive earnings growth but markets aren't uniformly rewarding them.
- Emily Roland highlights 80% year-over-year earnings and NVIDIA's market cap stagnation amid global momentum in Korea, Europe, and Japan.
Momentum Driving Overseas Markets Beyond Fundamentals
- Momentum is driving non-U.S. markets far beyond fundamentals right now.
- Emily Roland notes South Korea up ~50% YTD and Europe and Japan rallying despite modest GDP or earnings beats.
Right Size AI Concentration With Mid Caps And Bonds
- Diversify away from concentrated AI exposure by owning quality cyclicals and mid caps.
- Roland recommends industrials, mid-cap names and intermediate-duration bonds with 10-year yields >4% for income and roll-down benefits.