Investment Week (September 17)
“Fund managers and analysts have remained adamant that artificial intelligence is the core investment case driving the growth of the Magnificent Seven and other tech giants, but cracks have begun to show in their faith that this growth has stable longevity.”
Tags: Adamant, AI, Analysts, Core investment case, Cracks, Fund managers, Growth, Magnificent Seven, Stable, Tech giants
New York Times (July 25)
“One question is at the top of many investors’ minds: Is the hype around artificial intelligence, which has propelled tech giants’ stock prices sky-high in recent months, justified, or is it another bubble in the making?” At the moment, “Wall Street is deeply divided about the A.I. rally” though this may change as Big Tech reports earnings.
Tags: Artificial intelligence, Bubble, Divided, Earnings, Hype, Investors, Justified, Propelled, Rally, Sky-high, Stock prices, Tech giants, Wall Street
Bloomberg (December 18)
“The U.S. launched yet another broadside at China’s technological ambitions this week by blacklisting more than 60 Chinese companies…. While the action will be painful, over the longer term it could be a shot in the arm.” The restrictions may very well “help make China great again.” Under this “massive pressure, Chinese tech giants finally have an incentive to use and improve local suppliers.”
Tags: Ambitions, Blacklisting, Broadside, China, Incentive, Painful, Pressure, Restrictions, Suppliers, Tech giants, U.S.
The Economist (July 7)
“The world’s most titanic commercial fight” is pitting “the towering giants of American and Chinese tech” against each other. It is “led by the FAANGs (Facebook, Amazon, Apple, Netflix and Google’s parent, Alphabet) on one side and the BATs (Baidu, Alibaba and Tencent) on the other.” The battle has largely stayed under the radar. “But its outcome could put third countries in one camp or the other, increasing the risk that the world eventually splits into two techno-blocs.”
Tags: BATS, China, Commercial fight, FAANGs, Tech giants, Techno-blocs, Third countries, U.S.
