Reported about 1 month ago
As Tesla sets the stage for the 'Magnificent Seven' earnings with strong performance, analysts emphasize the importance of capital expenditures by hyperscalers in determining their future market leadership. Wealth Enhancement Group's Ayako Yoshioka highlights that while tech sector earnings are crucial for S&P 500 performance, the pace of CapEx spending will ultimately shape the competitive landscape in the evolving AI market.
Source: YAHOO