This is the 'prove me' for big tech, says Wedbush's Dan Ives on upcoming tech earnings

Loop Capital’s Rob Sanderson and Wedbush’s Dan Ives, join 'Power Lunch' to discuss how big tech companies like Microsoft, Meta, and Amazon will perform as the tech giants are scheduled to report their earnings this upcoming week.

[KacieLehman]

I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

[roosefeitosa]

I moved from Tampa to Santa Clara a few years ago . i am a new dad and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys

[kurtKking]

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 and first half of this year with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

[Nickgyw]

Market is in a reverse logic phase. If a company is good, it’s down. If a company is bad, it’s up. Once technicals are reset, it will go back to reality. It’s all just a shakeout “because algorithm“

[darrenhere]

MSFT earnings were excellent. 29% Azure growth is fantastic. the AI buildout will continue unabated. bodes well for AMD NVDA MU !!

[super_hero]

people, get real, AI aren't going to be monetized in a meaningful way anytime soon. There will be some here and there stuffs but if you want to see real profit check back late 2025 or even later. Only AI stuff that can be monetized today is from cloud provider which many company need to train their stuffs. The rest of the AI stuff including chatgpt, gemini... aren't going to generate much revenue, buying stock today hoping AI can generate meaningful revenue is ridiculous. But it is true that if they don't invest in AI infrastructure they WILL be left behind and none of the mag 7 can risk that.

[keto]

It's a "get out the popcorn moment!" ..

[ans]

Wow, this aged like fine mine. What a pinecone!

[dibyadeepbose]

Heard a new one : gold medal moment for big tech. Dan sure loves the olympics

[hitpat]

I thought that was last week...
Or was it 'last year, in may, may day... THAT WAS THE WEEK'!!! Rest was background noise!!!

I too can become a eCONomist too!!! Its hot... too hot, steamy!!!
Now its cold, freezing - they are all eCONomist terms too!

[raphaelbennett]

Well this aged horriby this bozo doesn't know what he's talking about.

[peterwatson]

I came across some statements from big investors expressing concerns that the stock market rally could be short-lived. My concern is my $600K stock portfolio is still recovering from a dip of almost 40%, how do I navigate these complex situations?

[RichieAnnabel]

No doubt that AI stocks are the future of the markets but I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best AI stocks to buy now or put on a watchlist?

[mcbeavis]

Mahhhnezation flex the muscles moehment furr redmuhnd…

[JinNani]

Ai revolution is dead. Apple has nothing Ai and chat gpt is a bust

[ostrich]

WHERE IS THE GOLDEN MONETISATION MOMENT ??
This Dan Ives guy was SOOO wrong on Microsoft - there was no acceleration in AI but there was a 78% YOY increase in Capex. He is not a very good analyst, but a great entertainer. NOT great for your portfolios...look at his record on Tesla...v sad