Barton: AI-driven margin expansion could spark a multi-year stock market run
Michael Barton · Inside Coatue: $70B Hedge Fund’s AI & Retail Strategy · Sourcery with Molly O'Shea · Oct 23, 2025 · at 31:04
Coatue Sector Head Michael Barton outlines the macroeconomic bull case for public tech equities driven by AI-enabled operating leverage.
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“Because AI is going to benefit all these companies and the stock market's going to go up. And we might be at the front of a multi-year amazing run in the stock market because these companies revenues are going to grow faster. Their costs are not going to be as much as you would have thought. Your margins are going to go up and the market's going to go up.”
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