12 Aug 2024
Hedgefunds are buying the dip in tech, per Goldman
Source: Goldman Sachs, Markets & Mayhem
31 Jul 2024
$AMD Q2 2024: "Our AI business continued accelerating and we are well positioned to deliver strong revenue growth in the second half of the year" - Lisa Su, CEO
Details by Quartr: Revenue +9% *Data Center +115% *Client +49% *Gaming -59% *Embedded -41% Gross Profit +17% *marg. 49% (46%) EBIT +1445% *marg. 5% (0) EPS +700%
30 Jul 2024
Microsoft and Alphabet are now exactly on par since the launch of ChatGPT at the end of November 2022.
Source: HolgerZ, Bloomberg
25 Jul 2024
The last time Tech stocks were at these levels relative to the S&P500, Tech stocks crashed, particularly relative to the rest of the market.
Source: J-C Parets
25 Jul 2024
One for the Bulls... As shown below, during this tech pullback, forward 12-months EPS in tech has actually ticked higher.
So you could argue that this is mostly a positioning and sentiment pullback, especially in tech... Source: Bloomberg, RBC
25 Jul 2024
Thank you Crowdstrike... that's soooo king of you....
Source: Barchart
24 Jul 2024
Semi conductors Companies Ranked by Market Cap - @EricFlaningam on X:
1)The scale of the industry is incredible. Many public companies larger than $10B aren’t listed here. 2) $NVDA's performance over the last two years has to be one of the best tech stories ever. Incredible how they built their accelerated computing ecosystem for over a decade before the current infrastructure boom.
23 Jul 2024
Tech’s outperformance has been highly correlated to its earnings vs. S&P 500 since the Tech Bubble
Source: BofA, Mike Z.
