According to , the second phase of the may be fueled by and .

The firm highlighted the intensifying between , with —a rising AI player—seeking such as the and the . This move could challenge , potentially and fueling market volatility.

Since , , leading to submitted to the .

Notably, have already , marking a major milestone in the expansion of . If similar approvals follow in the , it could drive , strengthening the ongoing bull cycle.

QCP noted expiring between , likely driven by:

The has now turned to favor , signaling that the market is positioning itself for the .

Beyond the , suggest an increasingly supportive environment for , including:

With , , and , QCP suggests the —potentially .