MARKET MOMENTUM: This rocket ship is only gaining altitude, Charles Payne says

>> YOU WOULD SAY PLEASE TAKE THIS CHARLES. [LAUGHTER] >> GOOD AFTERNOON, I AM CHARLES PAYNE, THIS IS MAKING MONEY. GREAT LOOKING STUFF. HERE'S MY TAKE, WE BEEN MOVING HIGHER ALL WEEK LONG, BUT NOW STARTING TO PICK UP PACE BECAUSE ALL OF THESE EXOGENOUS WORRIES, THE FED NEXT MOVE, THEY ARE BEGINNING TO FADE AND THAT MAKES IT EASIER FOR INVESTORS TO FOCUS ON WHAT MATTERS AND WHERE THE OPPORTUNITIES ARE BUT THE SECOND TIME THIS WEEK, NVIDIA, ROXY, SUPERMICRO LEADING THE WAY, NUMBER ONE TWICE IN ONE WEEK ALMOST UNHEARD OF, BUT THAT TELLS YOU WHERE THE ACTION IS FOLLOWED BY A BUNCH OF OTHER SEMICONDUCTOR NAMES AND I'M SEEING BOTTOM FISHING. NETFLIX, THEY BEEN HAMMERED PRETTY GOOD. LOOKING FOR STOCKS TO BUY WEAKNESS AND THE BIGGEST HURDLE FOR THE RALLY SINCE THE UNVEILING OF CHATGPT IS THE CRAZY NEVER-ENDING GUESSING GAMES, WHEN IS IT GOING TO IMPLODE? THE SAME PLACE IN 2000, YOU CAN SEE SPENDING BACK IN 1.2% OF GDP VERSUS NOW. WE ARE GOING TO KEEP GOING, A BIG PORTION OF GDP FOR MANY YEARS SO I LIVED THROUGH OR SURVIVED, I UNDERSTAND THAT, FOR THOSE OUT THERE, YOU DON'T WANT HISTORY TO REPEAT ITSELF BUT THE COMPARISONS ARE UNFOUNDED AND EACH DAY WE GET MORE EVIDENCE LIKE THIS SO IF YOU THINK IT'S 2000, THINK AGAIN. HYPER SCALER ACTIVITY IS HUGE AND MUCH BIGGER. THEN, THIS, SO MANY PEOPLE DON'T BELIEVE THIS IS THE REAL DEAL. THE LAST COUPLE OF YEARS THERE'S HAVE USED ACADEMIC STUDIES AND SURVEYS SAYING NO ONE IS USING AI. LET'S PUT THIS QUOTE UP, ONE OF MY FAVORITE CHARTS OR QUOTES, HE PREDICTED THE IMPACT OF THE INTERNET NO GREATER THAT A MACHINE. HE WASN'T -- HE HAD A REAL REASON FOR THIS, COME ON. BUSINESSES OF ALL SHAPES AND SIZES ARE SPENDING MORE ON AI AND YOU CAN SEE THE ADVANTAGE FOR BIGGEST COMPANIES, TOP TEN, 660, IT'S 12 BUCKS. EVERYONE IS SPENDING MORE IN THE MOST IMPORTANT THING IS, THE CHARTER IS GOING HIGHER AND HIGHER. AI INVESTMENT CARVING OUT A GREATER ROLE AT THE EXPENSE OF OTHER INVESTORS AND WE TALK ABOUT THAT AND IT'S REFLECTIVE. TAKING AWAY FROM LABOR AND SOFTWARE, CLOUD, AND THAT'S WHERE IT'S AT SO WE ARE DOWN TO ONE LAST WORRY AND THAT'S THE FINANCING. THE AI TRADE AND PROFITABILITY AND RETURN ON INVESTMENT. THE COST TO INSURE AGAINST HYPER SCALER DEFAULT SWORD, IT'S SOARING BIG TIME. AS THE MARKET SHEDS OTHER NAGGING CONCERNS, THINK ABOUT THIS, THIS LOOKS BIG BECAUSE IT'S HUGE, 40 TO 90 AND THAT'S JUST A PERCENTAGE, IT'S STILL VERY SMALL, A NAGGING CONCERN ABOUT THE TITLE, IT FEELS RIGHT