Posted 2/24/2024, 2:30:02 PM
Nvidia Soars while Tesla and Apple Face Growth Concerns, Amazon and Alphabet See Mixed Fortunes
- Nvidia is the clear winner coming off earnings, will continue to win according to Tengler
- Amazon has room to run, has improved efficiency and growing advertising and cloud businesses
- Apple depends on services now which are doing well, but doesn't justify valuation given growth profile according to Glass
- Alphabet keeps stumbling with issues like latest Gemini images, is behind Microsoft in AI race
- Tesla faces declining sales, margin pressures; Apple needs new growth vector, unlikely to be a device-driven AI market