Cow Moo-ney
commented on a stock · Jan 31, 2024 10:14
Expectations
The market might have set the bar too high for the Big Tech. Both Microsoft and Google’s results look good to me, yet Google dropped more than 5% while Microsoft dipped a little in after hours trading.
It could also be a case where investors are taking profits off the table in view of an overheated market.
This is a sneak preview of what may happen when Apple, Meta and Amazon report their earnings on Thurs
OceansWave
:
Here is my own view - the AI bubble has burst and not lived up to investors expectations. Noticed that all those claiming AI in the products having a big dip in post market hours. Zscaler and Crowdstrike did dropped by a few dollars, Crowdstrike I noticed up to 4 dollars. Their nextgen AV touted to have strong AI capabilities. Look at Apple again, Apple don’t mention much about AI at all and they were not affected much…
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
OceansWave : Here is my own view - the AI bubble has burst and not lived up to investors expectations. Noticed that all those claiming AI in the products having a big dip in post market hours. Zscaler and Crowdstrike did dropped by a few dollars, Crowdstrike I noticed up to 4 dollars. Their nextgen AV touted to have strong AI capabilities. Look at Apple again, Apple don’t mention much about AI at all and they were not affected much…