) set to report their quarterly results. Rockland Trust chief investment officer David Smith joins Catalysts to share his outlook on tech stocks.
The so called mag seven stocks had been driving the markets for the last two years but have been under some pressure most recently here amid the market rotation.So the the bar has certainly been said hi for these companies here that are reporting over the next several days. Microsoft makes up nearly 20% of the videos revenue if Microsoft's earnings come in better than anticipated.I mean, clearly Microsoft has a lot of other things going on other than just A I.
And you say the fundamentals of the mag seven are not aligned, aren't they so long as the market remains bullish on A I spend?Well, I think the, the point I was trying to make is, is a I is important to all of the mag seven in different ways, right?When you think of Tesla, for example, Tesla is really a technology company that's surrounded by an automobile manufacturer and we saw what happened last week when Tesla reported they missed some keen numbers in their quarter and the stock...
You know, I think there's a couple of compelling avenues for growth and Microsoft that are very evident to us right now.PATERSON, N.J. — A New Jersey judge dismissed an indictment against a police officer facing charges over shooting and paralyzing a Paterson man after prosecutors said they turned up new evidence in the case.Rory McIlroy suggested he would opt to turn out for Team GB after declaring he “always felt more British than Irish” which did not go down well in Ireland.
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