Resources Industry Is Seeing Capital Inflows From AI Buildout: BlackRock

Evy Hambro, head of fundamental equities thematic and sector investing at BlackRock, says the resources sector "is starting to see a flow of capital as people rotate out of some of the bets they've had for a very long time." Speaking on Bloomberg Television, Hambro adds: "The money that's being spent is turning into demand for commodities, that's turning into price change, which is elevating earnings." (Source: Bloomberg)