Dan Ives Acknowledges Nvidia, Microsoft As 'Core Drivers Of AI' But Sees Palantir, IBM, AMD And Apple Joining The Party As Well — Robust Q3 Earnings Expected

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While NVIDIA Corp (NASDAQ:NVDA) and Microsoft Corp (NASDAQ:MSFT) are “the core drivers of AI, now we are seeing many other tech stalwarts join the AI Party,” Ives wrote, listing Oracle Corp (NYSE:ORCL), SAP SE (NYSE:SAP), ServiceNow Inc (NYSE:NOW), Palantir Technologies Inc (NYSE:PLTR), Salesforce Inc (NYSE:CRM), Dell Technologies Inc (NYSE:DELL), IBM Common Stock (NYSE:IBM), Apple Inc (NASDAQ:AAPL), and Advanced Micro Devices, Inc.(NASDAQ:AMD) among the companies making significant moves in artificial intelligence.The analyst ...

Wedbush Securities analyst Dan Ives forecasts a “robust” third-quarter earnings season for technology companies, citing artificial intelligence adoption, improved enterprise spending, and rebounding digital advertising as key growth drivers.

What Happened: In a post on X, formerly Twitter, Ives highlighted an expanding roster of companies beyond traditional AI leaders that are now capitalizing on the technology revolution.

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Category: Technology

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Topics: US8030542042 AMD NVDA Equities DELL US79466L3024 US4592001014 Global MSFT US24702R1014 Kaustubh Bagalkote US0378331005 PLTR TSM US67066G1040 Markets Dan Ives US68389X1054 US8740391003 SAP CRM Wedbush Securities Tech AAPL US5949181045 Benzinga ORCL News IBM NOW META US0079031078

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Published On: 2024-10-21 @ 04:59:48 (12 hours ago)

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