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Yesterday saw a broad tech stock selloff, following Microsoft’s and Alphabet’s quarterly earnings on Tuesday. Microsoft fell 2.7% and Alphabet 7.5%, while Apple (–1.9%), Amazon (–2.4% ...
On the other hand, AI winners such as these three are trading at quite full valuations, with Broadcom valued at 37 times this year's earnings estimates, Marvell at 44 times, and Arm at 71 times.
AMD’s earnings come less than a month after the company detailed three of its upcoming chips, including its 5th Gen AMD EPYC central processing unit (CPU) for servers, its Instinct MI325X AI ...
C3.ai remains unprofitable, with the company posting an adjusted earnings-per-share (EPS) loss of $0.06. That was an improvement from the $0.13 loss it reported a year ago.
Image source: Getty Images. Cloud stocks are coming back. Cloud software stocks like C3.ai plunged after the pandemic ended and growth slowed, but they are picking up steam again after a long lull.
AI earnings call for the period ending September 30, 2024. ... According to Gartner, by 2028, 33% of enterprise AI software applications will include Agentic AI, up from less than 1% today. This ...
Overall, analysts see Nvidia’s adjusted quarterly earnings rising 85% from the year-ago period to $0.74 per share and revenue rising roughly 84% to $33.2 billion, according to Bloomberg ...
Adjusted earnings per share also rose 765% from a year ago to $5.15 per share, versus a consensus forecast for $4.64. And gross margins, a key profitability metric, continued to rise amid the AI ...