Tech megacaps ‘better deliver like Google,’ portfolio manager says ahead of earnings

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 50%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Following an earnings beat from Alphabet Inc., one portfolio manager says other major tech companies need to deliver strong results amid high multiples and large AI expenditures.

Daniel JohnsonMartin Pelletier, portfolio manager at Wellington-Altus Private Counsel, joins and gives his thoughts on how U.S. elections impact the markets.

Martin Pelletier, a portfolio Manager at Wellington-Altus Private Counsel, said in an interview with BNN Bloomberg Wednesday that the tech giant delivered a “solid quarter.” “And the big question is, are the rest of the five megas who are reporting this week going to post similar results?”Wednesday, with Bloomberg News reporting that investors will look to see if their large AI expenditures are paying off.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 83. in İD

Indonesia Berita Terbaru, Indonesia Berita utama