Investors got their first look at second-quarter results from some of the Magnificent Seven names, including Alphabet (GOOG, GOOGL). Deepwater Asset...
"We're in this acute phase right now where the big-cap tech stocks, they've been investing in AI now for a year-plus, they've spent a lot of money on CapEx . But they haven't shown results yet. And you tend to see this in all these emerging tech cycles. I think that we still are going to sit in this kind of gap between investment mode and then harvesting mode for maybe another year," Clinton explains.
I think that we still are going to sit in this kind of gap between investment mode and then harvesting mode for maybe another year. I think that companies, you know, these mega cap tech companies as they continue to build out the infrastructure they need, It's good for these players and they're not going to slow down, even though the revenue is not there yet.
So with that set up and with the infrastructure companies that you mentioned reporting versus some of the others, what's the reaction going?I think it actually speaks to the gap that we were talking about earlier. Like the hardware companies, I think it's because we just haven't seen the revenue inflexion yet, So investors are saying, Hey, this sounds great.Show us some revenue and how we should re evaluate our models in the future to re underwrite these companies at a different level.Chipotle Mexican Grill posted second quarter results that topped analyst estimates on both the top and bottom lines. Adjusted earnings of $0.34 per share was better than the expected $0.32. Revenue of $3.
Jannik Sinner withdraws from Paris Olympics with tonsillitis to leave Novak Djokovic as top men's seedTracking-Chip Maker Impinj Locates Better-Than-Expected Q2 Results
Doug Clinton Emerging Tech Market Domination Earnings Clinton Alphabet
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla, Alphabet to report Q2 earnings: What investors expectTesla (TSLA) and Alphabet (GOOG, GOOGL) are scheduled to release their second quarter earnings reports after the market close on Tuesday. Yahoo Finance...
Read more »
Gold Pushes Higher as Investors Expect Fed Will Start to Ease(Bloomberg) -- Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders...
Read more »
Gold Pushes Higher as Investors Expect Fed Will Start to EaseGold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.
Read more »
Next wave of crypto investors incoming: 54% of Japanese institutional investors plan to make allocationsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Biden to Sit for First Post-Debate Interview With Former Bill Clinton Staffer George Stephanopoulos'set to be recorded Friday, will air on that night's edition of 'World News Tonight,' with other segments airing on Saturday and Sunday's broadcasts of 'Good Morning America''
Read more »
Why Jill Biden is like '1990s Hillary Clinton': Axios ReporterAxios national political correspondent Alex Thompson joins Asking For A Trend to give insight into Biden's debate performance and Dr. Jill Biden's influence ...
Read more »