{"podcast":{"title":"Investec Focus Radio SA","slug":"investec-focus-radio-sa-680399","podcast_index_feed_id":680399,"rss_url":"https://iono.fm/rss/chan/4183","website_url":"https://www.investec.com/en_za/focus.html","image_url":"https://cdn.iono.fm/files/p374/logo_4183_20250910_203103_1400.jpeg","author":"Investec","episode_count":150,"summary":"Investec Focus Radio South Africa features conversations between leading minds from within Investec and other experts on economic, investment and business topics in addition to issues that go beyond wealth.","last_synced_at":"2026-07-20T16:21:35.038301+00:00","page_url":"https://stenobird.com/podcast/investec-focus-radio-sa-680399"},"episode":{"title":"Macro Monday Ep124: AI capex and competition concerns weigh on stock markets","slug":"macro-monday-ep124-ai-capex-and-competition-concerns-weigh-on-stock-markets","published_at":"2026-07-20T08:01:00+00:00","page_url":"https://stenobird.com/podcast/investec-focus-radio-sa-680399/macro-monday-ep124-ai-capex-and-competition-concerns-weigh-on-stock-markets","show_page_url":"https://stenobird.com/podcast/investec-focus-radio-sa-680399","url":"https://iono.fm/e/1698044","audio_url":"https://dts.podtrac.com/redirect.m4a/dl.iono.fm/epi/prov_374/epi_1698044_medium.m4a?p=rss","summary":"Increased competition among LLMs and uncertainty about the return on investment on AI capex are all weighing on the market performance on momentum stocks, such as semiconductor firms. Chris Holdsworth, Global Chief Investment Officer, Investec Investment Management, looks at some of the dynamics in global stock markets. Investec Focus Radio SA","meta_description":"Increased competition among LLMs and uncertainty about the return on investment on AI capex are all weighing on the market performance on momentum stocks,…","key_points":[],"chapters":[],"topics":[],"duration_seconds":493,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/investec-focus-radio-sa-680399/episodes/macro-monday-ep124-ai-capex-and-competition-concerns-weigh-on-stock-markets/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/investec-focus-radio-sa-680399/macro-monday-ep124-ai-capex-and-competition-concerns-weigh-on-stock-markets.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}