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News about Alphabet Inc
Analyst revises Google parent Alphabet's stock price target before earnings
Here's what could happen next to Alphabet's shares.
Tue, 23 Apr 2024 00:03:00 +0000Read moreAnalyst issues stark warning on Big Tech stocks ahead of earnings
Facebook parent Meta kicks off a crucial tech earnings parade this week.
Mon, 22 Apr 2024 23:17:00 +0000Read more20 Best Evernote Alternatives in 2024
In this article, we will take a look at the 20 best Evernote alternatives in 2024. If you want to skip our detailed analysis, you can go directly to 5 Best Evernote Alternatives in 2024. What’s New With Evernote? Evernote is a leading note-taking application. The platform enables users to take notes, store files, and […]
Mon, 22 Apr 2024 23:06:42 +0000Read more3 Artificial Intelligence (AI) Stocks That Are Screaming Buys in April
These companies' stocks are some of the best bargains in AI, and too good to pass up right now.
Mon, 22 Apr 2024 22:15:00 +0000Read moreAI won't have 'huge' effect on Big Tech earnings: Strategist
This week will see a flurry of earnings reports from prominent Big Tech names, including Meta (META), Alphabet (GOOG, GOOGL), and Microsoft (MSFT). Synovus Trust Senior Portfolio Manager Dan Morgan and Creative Strategies CEO and Principal Strategist Ben Bajarin joined Market Domination to discuss the potential impact of artificial intelligence on Big Tech earnings. Bajarin highlights two main concerns: "Who's getting the most beneficiary lift from AI stocks?" and "Do we have outsized expectations of AI growth?" However, he believes tech earnings will see strong growth due to AI infrastructure investments. Bajarin expresses worry about potential volatility stemming from "the bubble-ish cycle of AI." He also notes that costs associated with AI innovation could be a factor affecting earnings. Morgan emphasizes that if investors look beyond the AI hype, Big Tech is "looking at very strong growth" across the core business models. While companies like AMD (AMD) and Nvidia (NVDA) do have substantial profit growth fueled by AI, Morgan notes that for earnings from names like Microsoft and Meta there won't be "a huge AI effect, in terms of like 30% growth coming from AI, but their core businesses are very strong." He adds that if the Federal Reserve were to refrain from cutting rates and inflation remains elevated, these tech giants "are delivering growth regardless of what the Fed is doing." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Mon, 22 Apr 2024 22:07:40 +0000Read more