Nvidia beats, shares jumping 6% in after-hours. The revenue outlook number of $24 billion is easily above consensus for $22.2 billion, though below the buy-side whisper number. https://
thetechnologyletter.com/the-posts/nvid
ias-shares-up-slightly-as-forecast-beats
… $NVDA
@tiernanraytech
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Nvidia beats earnings forecast with $24B revenue outlook
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Informatica and JFrog lead software recovery amid Cisco concerns
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Cisco’s excuses, CEVA’s appeal, Informatica and JFrog shine Software stars Informatica, Hubspot, and JFrog buttressed hope that worst days of the industry are behind it, while even the bulls doubt Cisco’s excuses, and CEVA is your cheaper alternative to ARM Holding.
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ARM Surges on Earnings While Arista Disappoints Markets
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A read on the week's stock activity // The TL Podcast for February 12th: Excess and disappointment ARM leads the pack of stocks surging on earnings, its valuation now entering way-overbought territory, while shares of Arista and others didn’t deliver enough with earnings to
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ARM Stock Overpriced at 38x Next Year Sales
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ARM is now egregiously over-priced. Thirty-eight times next year's sales? ARM has some aggressive multiples on its stock following results this week. The shares were ridiculous before, they’re even more so now. The many moving parts in the just-reported quarter leave no doubt as
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TL20 Rebalancing Reflects Technology Market Cycles
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The TL20 re-balances in the wake of market cycles For the latest rebalancing of The Technology Letter 20, the group of twenty great companies whose shares are worth considering, I’ve been focused to a greater degree than usual on the cycles of technology markets. Both the
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Meta, Amazon, Apple: Tech Giants’ Financial Performance and Market Trends
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Meta is Patek Phillipe, Amazon’s profit dazzles, Apple defended Meta is “the Patek Phillipe of the Internet,” quipped one observer, while Amazon’s higher operating profit delighted the Street, and the bulls rushed to Apple’s defense after a large drop in sales in China.
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Cloud Computing Strength Signals Continued Big Tech Infrastructure Spending
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Arista, Snowflake: Cloudy day in a nice kind of way The healthy cloud computing results this week are a good signal for continued high levels of spending on equipment by the Big Three — Microsoft, Alphabet and Amazon — as well as Meta, which is good news for infrastructure
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GPT-3.5 and GPT-4 fail at basic tree search tasks
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Gen AI fails in this very common ability of human thought OpenAI’s GPT-3.5 and GPT-4 both fell down when challenged with greater and greater levels of a basic computer task known as tree search, pointing to a fundamental omission in their design. https://
zdnet.com/article/genera
tive-ai-fails-in-this-very-common-ability-of-human-thought/
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Fed Rate Decision Impacts Tech Earnings and Market Performance
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Fed Reserve tanks earnings season, but Nextracker is a star Wednesday was a rough market for earnings reports, as the Fed Reserve’s indication it hasn’t decided when it will start cutting rates was a downer that pushed down the Nasdaq Composite Index by two percent. The Fed news
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Tech Earnings Season: Netflix, IBM Shine Amid AI Wave
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The TL Podcast for January 29th: The thick of earnings season Netflix and IBM shone while Intel and Tesla were duds as prime time for earnings season gets underway, and software and semiconductors ride a wave of excitement for AI in 2024. https://
thetechnologyletter.com/the-posts/the-
tl-podcast-for-january-29th-the-thick-of-earnings-season
… Or catch it on