Tech Sell-off Likely to Be "Short-Lived" as AI, Cloud Helps Power Earnings: Wedbush

seekingalpha07-26

Yesterday's carnage in the technology sector, brought on in part by quarterly results from Alphabet and Tesla Motors is likely to be "short-lived," investment firm Wedbush Securities said, citing ...

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Dr Rck
07-27
Dr Rck
Inflation is good not too high nor down which signals the economy is ready to grow at a pace much better with or without rate cuts! August is the month!

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href=https://seekingalpha.com/news/4128240-tech-sell-off-likely-to-be-short-lived-as-ai-cloud-helps-power-earnings-wedbush><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yesterday's carnage in the technology sector, brought on in part by quarterly results from Alphabet and  Tesla Motors  is likely to be \"short-lived,\" investment firm Wedbush Securities said, citing ...</p>\n\n<a href=\"https://seekingalpha.com/news/4128240-tech-sell-off-likely-to-be-short-lived-as-ai-cloud-helps-power-earnings-wedbush\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://seekingalpha.com/news/4128240-tech-sell-off-likely-to-be-short-lived-as-ai-cloud-helps-power-earnings-wedbush","article_id":"2454822101","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2454822101","pubTimestamp":1721958356,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Yesterday's carnage in the technology sector, brought on in part by quarterly results from Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA) is likely to be \"short-lived,\" investment firm We","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) 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Securities said, citing the rampant growth of artificial intelligence and the cloud.\"We get that the bears will quickly come out of their caves from hibernation mode marking a 1-day victory......but instead we focus on the numbers, capex, and ultimately where this AI Revolution is heading,\" analysts led by Dan Ives wrote in an investor note. \"We believe this tech sell-off will be short-lived as the Street better digests results and commentary from the broader tech sector over the coming weeks during earnings season.\"Fourth Industrial RevolutionWedbush has repeatedly called the increase in AI spending the fourth industrial revolution as the firm estimates that more than $1T in spending will come from companies, utilities and government, with the big tech companies at the top of the list.\"Alphabet is accelerating its spending on the AI cycle as seen this week and we expect similar comments from the rest of the Big Tech stalwarts over the coming weeks during earnings,\" the analysts wrote, likening it to an arms race taking place inside the U.S., and around the globe. \"While investors may fret about this massive spending wave and frustrated that top-line growth/margins from these investments could take time to materialize...we strongly disagree with this view as it further confirms the AI Revolution.\"The firm reiterated its stance that it expects tech stocks to rise another 15% to 20% before the end of the year, with companies like  Microsoft,  Amazon.com,  Palantir Technologies Inc.  and  Meta Platforms, Inc.  seen as the big winners from the ongoing earnings season.Wedbush also listed  Zscaler Inc.,  Palo Alto Networks,  CyberArk,  Check Point and  Tenable Holdings Inc. as its favorite cybersecurity names.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":331817795379248,"gmtCreate":1722018263097,"gmtModify":1722018267186,"author":{"id":"3576157343730083","authorId":"3576157343730083","authorIdStr":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3576157343730083"},"htmlText":"Inflation is good not too high nor down which signals the economy is ready to grow at a pace much better with or without rate cuts! August is the month!","listText":"Inflation is good not too high nor down which signals the economy is ready to grow at a pace much better with or without rate cuts! August is the month!","text":"Inflation is good not too high nor down which signals the economy is ready to grow at a pace much better with or without rate cuts! August is the month!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/331817795379248","repostId":2454822101,"repostType":2,"repost":{"id":"2454822101","pubTimestamp":1721958356,"share":"https://ttm.financial/m/news/2454822101?lang=&edition=fundamental","pubTime":"2024-07-26 09:45","market":"sh","language":"en","title":"Tech Sell-off Likely to Be \"Short-Lived\" as AI, Cloud Helps Power Earnings: Wedbush","url":"https://stock-news.laohu8.com/highlight/detail?id=2454822101","media":"seekingalpha","summary":"Yesterday's carnage in the technology sector, brought on in part by quarterly results from Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA) is likely to be \"short-lived,\" investment firm We","content":"<html><head></head><body><p>Yesterday&#39;s carnage in the technology sector, brought on in part by quarterly results from <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> and  <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>  is likely to be &#34;short-lived,&#34; investment firm Wedbush Securities said, citing the rampant growth of artificial intelligence and the cloud.</p><p>&#34;We get that the bears will quickly come out of their caves from hibernation mode marking a 1-day victory......but instead we focus on the numbers, capex, and ultimately where this AI Revolution is heading,&#34; analysts led by Dan Ives wrote in an investor note. &#34;We believe this tech sell-off will be short-lived as the Street better digests results and commentary from the broader tech sector over the coming weeks during earnings season.&#34;</p><h2 id=\"id_2150749426\">Fourth Industrial Revolution</h2><p>Wedbush has repeatedly called the increase in AI spending the fourth industrial revolution as the firm estimates that more than $1T in spending will come from companies, utilities and government, with the big tech companies at the top of the list.</p><p>&#34;Alphabet is accelerating its spending on the AI cycle as seen this week and we expect similar comments from the rest of the Big Tech stalwarts over the coming weeks during earnings,&#34; the analysts wrote, likening it to an arms race taking place inside the U.S., and around the globe. &#34;While investors may fret about this massive spending wave and frustrated that top-line growth/margins from these investments could take time to materialize...we strongly disagree with this view as it further confirms the AI Revolution.&#34;</p><p>The firm reiterated its stance that it expects tech stocks to rise another 15% to 20% before the end of the year, with companies like  <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>,  <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,  <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>  and  <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a>  seen as the big winners from the ongoing earnings season.</p><p>Wedbush also listed  <a href=\"https://laohu8.com/S/ZS\">Zscaler Inc.</a>,  <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a>,  <a href=\"https://laohu8.com/S/CYBR\">CyberArk</a>,  <a href=\"https://laohu8.com/S/CHKP\">Check Point</a> and  <a href=\"https://laohu8.com/S/TENB\">Tenable Holdings Inc.</a> as its favorite cybersecurity names.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech Sell-off Likely to Be \"Short-Lived\" as AI, Cloud Helps Power Earnings: Wedbush</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Sell-off Likely to Be \"Short-Lived\" as AI, Cloud Helps Power Earnings: Wedbush\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-26 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4128240-tech-sell-off-likely-to-be-short-lived-as-ai-cloud-helps-power-earnings-wedbush><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yesterday's carnage in the technology sector, brought on in part by quarterly results from Alphabet and  Tesla Motors  is likely to be \"short-lived,\" investment firm Wedbush Securities said, citing ...</p>\n\n<a href=\"https://seekingalpha.com/news/4128240-tech-sell-off-likely-to-be-short-lived-as-ai-cloud-helps-power-earnings-wedbush\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4023":"应用软件","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU1559883803.SGD":"Aberdeen Standard SICAV I - North American Smaller Companies Fund A Acc SGD-H","META":"Meta Platforms","BK4532":"文艺复兴科技持仓","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","TENB":"Tenable Holdings Inc.","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4576":"AR","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","PLTR":"Palantir Technologies Inc.","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","ZS":"Zscaler Inc.","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4220":"综合零售","BK4577":"网络游戏","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4527":"明星科技股","TSLA":"特斯拉","BK4550":"红杉资本持仓","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","BK4547":"WSB热门概念","GOOGL":"谷歌A","CHKP":"Check Point软件科技","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","PANW":"Palo Alto Networks","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","MSFT":"微软","CYBR":"Cyber-Ark Software","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0566484027.USD":"安本美国小盘成长股"},"source_url":"https://seekingalpha.com/news/4128240-tech-sell-off-likely-to-be-short-lived-as-ai-cloud-helps-power-earnings-wedbush","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2454822101","content_text":"Yesterday's carnage in the technology sector, brought on in part by quarterly results from Alphabet and  Tesla Motors  is likely to be \"short-lived,\" investment firm Wedbush Securities said, citing the rampant growth of artificial intelligence and the cloud.\"We get that the bears will quickly come out of their caves from hibernation mode marking a 1-day victory......but instead we focus on the numbers, capex, and ultimately where this AI Revolution is heading,\" analysts led by Dan Ives wrote in an investor note. \"We believe this tech sell-off will be short-lived as the Street better digests results and commentary from the broader tech sector over the coming weeks during earnings season.\"Fourth Industrial RevolutionWedbush has repeatedly called the increase in AI spending the fourth industrial revolution as the firm estimates that more than $1T in spending will come from companies, utilities and government, with the big tech companies at the top of the list.\"Alphabet is accelerating its spending on the AI cycle as seen this week and we expect similar comments from the rest of the Big Tech stalwarts over the coming weeks during earnings,\" the analysts wrote, likening it to an arms race taking place inside the U.S., and around the globe. \"While investors may fret about this massive spending wave and frustrated that top-line growth/margins from these investments could take time to materialize...we strongly disagree with this view as it further confirms the AI Revolution.\"The firm reiterated its stance that it expects tech stocks to rise another 15% to 20% before the end of the year, with companies like  Microsoft,  Amazon.com,  Palantir Technologies Inc.  and  Meta Platforms, Inc.  seen as the big winners from the ongoing earnings season.Wedbush also listed  Zscaler Inc.,  Palo Alto Networks,  CyberArk,  Check Point and  Tenable Holdings Inc. as its favorite cybersecurity names.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":11,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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