Fresh off the heels of new highs for equity markets, Tom White and Diane King Hall examine the current market sentiment led by A.I. capex spend by megacap tech stocks. They address the market phrase "climbing the wall of worry" and whether or not that defines the current rally. Tom thinks a "little consolidation" might ultimately be healthy for the markets which encroach on "frothy" levels. Later, they look at Delta Airlines (DAL) after an earnings beat and AMD (AMD) as shares are up more than 43% this week alone.