As some of the biggest names in tech reported earnings last week, including Microsoft (MSFT), Meta (META), and Advanced Micro Devices (AMD), Yahoo Finance spoke with industry experts to analyze the ups and downs of the tech market.
(00:00:17) Luke Stone, a portfolio manager at Winthrop Capital Management, said this about the “Magnificent Seven” stocks: “The Magnificent Seven are… [are] They are getting too ahead of themselves in their assessments.”
(00:05:08) When discussing Microsoft’s (MSFT) earnings results, Piper Sandler equity research analyst Brent Braslin explained that “there was macro weakness that weighed on the pace of consumption.”
(00:12:43) Josh Beck, Managing Director at Raymond James, said of META’s performance, “I think it’s really beneficial to build on this disciplined investment philosophy.”
(00:19:49) Dan Howley of Yahoo Finance points out that investors are asking Microsoft (MSFT), “When will you start to see a return on your AI infrastructure investments?”
For more expert insights and the latest market trends, click here.
This post was written by Neil Mulcahy