๐๐ข๐ ๐๐๐๐ก ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐๐ซ๐ ๐๐จ๐ฆ๐ข๐ง๐ ! ๐๐ก๐ข๐๐ก ๐จ๐ง๐ ๐๐ซ๐ ๐ฒ๐จ๐ฎ ๐ฐ๐๐ข๐ญ๐ข๐ง๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ?
Hello everyone,
Earnings and Champions League today, not bad for Wednesday!;)
So we are at that time of the year again! All the big tech companies are reporting their earnings. It's always an exciting time to see how they are doing. This year (feels like repeating the story), it's all about AI. They are spending so much money on it, and now we will see if it's paying off.
๐'๐ฆ ๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ, ๐ฐ๐ก๐ข๐๐ก ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐๐ซ๐ ๐ฒ๐จ๐ฎ ๐ฆ๐จ๐ฌ๐ญ ๐๐ฑ๐๐ข๐ญ๐๐ ๐ญ๐จ ๐ฌ๐๐? For me, I am personally waiting for ๐๐จ๐จ๐ ๐ฅ๐ the most. I have a few reasons for this.
First, their new AI model, Gemini, seems very powerful. It's already beating others in tests for things like math and coding. And now, Apple is going to use Gemini for Siri on the iPhone. This is a very big deal and shows that Google's AI is really good.
Also, Google is making its own chips for AI, called TPUs which means they don't have to buy as many from other companies like Nvidia. This can save them a lot of money and gives them more control. They are spending a lot on AI, but it looks like they actually have a good plan. The stock has been doing very well, and many people are starting to believe in their AI strategy.
But of course...Google is not the only one to watch!
๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ is spending a lot on data centers for their cloud business, Azure. They need to show that they can still make good money while spending so much.
๐๐๐ญ๐ is also spending a lot on AI, but it's not so clear how they will make money from it (if you know please explain that to me). Their main business is still advertising. It will be interesting to see what they say about their plans.
๐๐ฆ๐๐ณ๐จ๐ง is the biggest in cloud with AWS, but they are getting more competition. They made a big deal with OpenAI, the company that made ChatGPT. We will see how this helps them.
๐๐ฉ๐ฉ๐ฅ๐ is a little behind in AI, but the deal with Google for Siri is a big step. People are also excited about the new iPhone (again), so we will see if that helps them sell more.
๐๐๐ฌ๐ฅ๐ is not just a car company. They are also working on robots and their own AI with Elon Musk's other company, xAI. Their energy business is also growing.
So, there is a lot to look forward to! What do you think? Which company are you watching? Let me know in the comments!
$GOOG (Alphabet)$AAPL (Apple)$MSFT (Microsoft)$TSLA (Tesla Motors, Inc.)... Show More
I'm looking forward to Amazon's. Hopefully, a good miss can give some good opportunities! ... Show More
1 reply
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