Big Tech stocks are in positive territory following sell-off woes, now pushing the market indexes (^DJI, ^IXIC, ^GSPC) higher in a slow recovery effort. In a...
) higher in a slow recovery effort. In a note, Barclays Head of US Equity Strategy Venu Krishna wrote that tech leaders are in"the penalty box" at this time.), they posted very good numbers on their AWS side. And so if you look at individual names, they are checking the box," Krishna tells Yahoo Finance.
But clearly, as the focus changes onto the monetization of a I from here on, you don't want to pay very high multiples and you want to see actually the monetization showing up in earnings.
Then, as the earnings started as five, now it's 6% right, so indeed it is improving if you look at our earnings right now, the breadth of beats was much broader than historical averages. It just tells me that more optimism is baked into numbers, right there are that said, a few red flags.
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