AI won't have 'huge' effect on Big Tech earnings: Strategist

📆 22/04/2024 23:22:00
📰 YahooFinanceCA

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Earnings Reports News

Big Tech,Dan Morgan,Ben Bajarin

This week will see a flurry of earnings reports from prominent Big Tech names, including Meta (META), Alphabet (GOOG, GOOGL), and Microsoft (MSFT). Synovus...

). 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.

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 -Former President Donald Trump agreed on Monday to additional restrictions on the $175 million bond in the former U.S. president's New York civil fraud case, resolving concerns by the state attorney general that the funds were not secure.

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