On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories and top themes from the trading day.

The artificial intelligence (AI) boom is reshaping the commercial real estate landscape as Big Tech companies pour unprecedented amounts into infrastructure expansion. Industry giants Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) have collectively invested $50 billion in AI-related initiatives in 2024 alone. Akiko Fujita analyzes how this aggressive AI expansion has led to tech giants competing for available land to build essential data centers, creating intense competition in the commercial real estate market.

US stocks (^DJI,^GSPC, ^IXIC) closed higher to start the week. The 10-year Treasury note yield (^TNX) hit 4.3% during the trading day, and settled at 4.28% at the market close, which could signal some trouble ahead for equities. As the market begins to rotate out of Big Tech, cyclicals could take the lead. Meanwhile, bitcoin (BTC-USD) edges near 70,000. Jared Blikre breaks down his top takeaways from the trading day.

The ongoing Boeing (BA) strike has cost an estimated $9.66 billion in combined losses, according to calculations from the Anderson Economic Group. Anderson Economic Group CEO Patrick Anderson explains the firm considers new wages, losses to suppliers, data from previous strikes, and other factors when calculating its estimates. He says, “In this particular case, you see Boeing losing quite a bit. The biggest single chunk here is loss earnings for Boeing, which we're estimating at $5.5 billion — that's loss earnings flowing through to their shareholders."

Apple is set to report fourth quarter earnings on Thursday. Investors are looking to see if the newly revealed Apple Intelligence features will have a noticeable impact. TECHanalysis Research president and chief analyst Bob O'Donnell explains, "As of today, it's Apple semi-intelligence because we're not quite totally there yet." Despite rolling out features like gen-moji and text-writing capabilities, the company faces the same challenge as its competitors: "convincing consumers that this AI stuff matters."

Yahoo Finance’s Josh Schafer analyzes how the S&P 500 (^GSPC) has moved as the betting markets have leaned in former President Donald Trump’s favor, with consideration to Yardeni Research chief markets strategist Eric Wallerstein’s comments about the biggest risks to the market.

Finally, Josh Lipton checks in on some of the stocks moving most in after-hours trading: VF Corporation (VFC), F5 Inc. (FFIV), and Amkor Technology (AMKR).

This post was written by Melanie Riehl