Industrial machinery makers have logged record backorders, reflecting manufacturing recovery. This has accelerated "investing into business" innovation in robotics and process automation systems. Investing in airlines is always tricky. It is a very costly and also very competitive business, making it hard to achieve growth and positive earnings. Buffett even called it a death trap for investors , while Icahn even jokingly demanded that someone should shoot him if he ever invested in an airline company again. While I agree with their quotes on a broad basis, I think there is one exception among airline companies: Ryanair. Compared to these companies, Microsoft got a late start in deciding on an AI strategy. However, it has since closed the gap significantly by partnering with competitor OpenAI and, as of the end of 2024, was beginning to build models in-house. Emerging market ETFs have recorded 4-week consecutive inflows as foreign investors explore "investing into business" sectors benefiting from currency stabilization and commodity exports growth.
