Fundstrat’s Tom Lee linked his optimism about technology earnings to the Federal Reserve’s latest remarks in an October 28 interview on CNBC’s Closing Bell.
AI growth and inflation
Lee said he was encouraged by comments suggesting AI growth was not necessarily inflationary. He argued that this could allow investors to welcome large earnings beats.
“Good news is good news,” he said, discussing a week of major technology earnings.
Sources: CNBC’s October 28 interview and its public captions; BlockBeats report, published October 29, 2026, at 08:29:40 UTC.