By Olivia Grace-Curran
Publication Date: 2025-11-27 09:00:00
The independent investment research firm also urges investors not to overreact to short-term headlines, noting that tariffs, central bank leadership changes and geopolitical tensions could fuel volatility in the year ahead.
“Artificial intelligence in particular has the potential to drive sustainable productivity growth, which could boost GDP and influence interest rates and other key economic variables,” the report said.
In the company’s 2026 Global Outlook Report, Morningstar argues that the race to build AI infrastructure has become one of the defining investing stories of this era, and warns that investors may be more at risk than they realize.
The Global Outlook Report highlights the influence of “hyperscalers” such as Meta, Alphabet, Microsoft and Amazon, which are investing hundreds of billions of dollars in AI-related infrastructure.
These companies build massive data centers both for internal use and to provide computing power to companies, governments, etc.
