I just noticed a fascinating phenomenon in the markets that will really shake things up in 2026. The AI revolution is currently creating completely new rules of the game – and anyone still investing in traditional tech giants could be in for a nasty surprise.

The interesting part: While companies like IBM lose 13% in a day, wiping out $31 billion in market capitalization because AI suddenly takes over their core tasks, other areas are booming. U.S. asset manager Josh Brown even coined a term for this – HALO stocks. These are companies with high assets and low obsolescence, meaning firms that AI can't easily replace.

And that's exactly where the money is flowing. For example, Delta Air Lines – air travel can't be easily automated – the stock jumps by 8.3%. Expedia, on the other hand, which is much more vulnerable to AI disruption, drops by 6%. This is no coincidence. We see this pattern everywhere in the S&P 500: energy and commodities are rising, while traditional tech stocks are slipping.

What fascinates me most: In China, things are different. Tencent and Alibaba are strategically using AI to optimize their businesses instead of being threatened by disruption. The market there thinks much more pragmatically.

For me, this is an important lesson – those looking for stocks with potential shouldn’t automatically go for the usual suspects. The real opportunities are with companies that don’t see AI as an existential threat but as a tool. And yes, such stocks with potential are currently much more interesting than the classic tech portfolio.