Dan Ives Previews Mag 7 Earnings for the Week

요약 보기

Dan Ives는 AI 인프라 투자 붐이 아직 초입이며 시장이 수요를 과소평가한다고 주장. 마이크로소프트는 2025년 대비 시가총액 5조달러 도달 가능, 메타는 AI 전쟁 중이며 투자 지속 필요, 아마존은 향후 4~6분기 분수령이 될 것이라 주장. 클라우드 지출이 3년간 약 2조달러 규모로 확대될 것이라 전망. 사이버보안(크라우드스트라이크 등)과 원자력 관련주(Arco 언급)를 유망 수혜처로 제시.

다듬은 글

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01. I guess what the biggest thought that bunch and that is Microsoft. I mean they've been hitting it out of the park the last few quarters. Does that continue? They're the Scottish software software. And the reality is, is that, you know, this is a company firing on all cylinders in the revolution. They're really the one benefiting front and center in terms of everything we're seeing on cloud.

02. I mean, I think when it comes to air and it comes to this next stage of growth, this is going to be a $5 trillion market cap in the next 18 months. And you're comfortable with the amount of money that they're spending on CapEx and the potential return on that. You want them to continue, but I think they're spending maybe too little.

03. And that's what you saw with Alphabet this week. This is an arms race going on. And Nadella recognizes this is the time. Pedal to the metal because the demand we think street's underestimating demand 15 20%. Hmm. So a lot of the bears, they continue to miss these stories because they're focused on, you know, in those caves and hibernation mode, they can see AI in the spreadsheets.

04. I think Microsoft's a good example of some of the parts, and this is continues to be a table pounder name. Well, speaking of spending, I mean, Metta has been doing a ton of spending as well. Of course, a lot of headlines about some of the hires, the personnel spending that they've apparently made in order to attract talent here.

05. What do you think met his transformation is starting to look like right now? I mean, we've gone from just a pure play social media company to that effort into the metaverse. And now clearly, Zuckerberg really sees a future in A.I. in Sucker Bird is a wartime CEO right now because he recognizes this is going to be not just the golden age for tech, but when it comes to measure that consumer A.I.

06. revolution, they're really they're going to be one of the ones leading it and you start to monetize was billions in terms of from an install base, you're looking at a four digit stock in terms of matter. And that's why it's good money to continue to invest. And I think the street is still, I think, underestimating what this growth cycle is going to look like on the other side.

07. And I continue to believe it's the fourth Industrial Revolution and this A.I. party. It's 10 p.m. it was 9 p.m. and that party goes to 4 a.m. Where do you think the product cycle is going for, particularly for these companies? Is it going to be in terms of what's going to generate revenue and profitability from this investment?

08. Is it going to be devices? Is it going to be, you know, ads and services that they're attaching to it where? Look, it's the ripple effect for every dollar spent on a video chip within their as needed $10 multiplier across the rest attack. She demote the Hyperscalers Microsoft alphabet. But they look at Oracle you know look at the Renaissance happen names like Oracle.

09. Then you think about the actual use cases, pound tier, snowflake, MongoDB, and then it also ripples onto the consumer side matter. You know, ultimately I think what we're seeing from Alphabet and others and that's our view. I mean, we have the Isaiah 30 talks about like second third derivatives as his fourth industrial revolution plays out.

10. All right. Let's talk about Amazon. I mean, we're going to get their results, too. And they're kind of all over the map here. Obviously, You know, we think of them as a retailer, but they're really more obviously of a tech company, if you will. Is this an AI story or should we be looking at it differently?

11. Oh. 100%. I saw it. I think Jassy, you know, he feels like on the day I party, he's on the outside looking in. But I think this is now the velvet ropes open up, and they get into that part. This is going to be, I think, the start of a watershed 4 to 6 quarters from Amazon because eight abuse and because of what we see when it comes to mine is the skin of the cloud in terms of this next stage of growth.

12. I mean, we think it's 2 trillion over the next three years. It's going to be spent across enterprise. Amazon is going to play a huge role there. Any other players out there, Dan, that you think could benefit that maybe we're not paying attention to? Look, I think when you think about what's happening across Asia, I think cybersecurity is going to be a huge beneficiary.

13. How CrowdStrike scours Cyber Ark and others. And then there's names like Pegasystems. You know, when it comes down on the cloud side in terms of software, I continue to view Arco as our favorite nuclear play. I mean, that to me is the way to think about Asia. It's the second, third, fourth derivatives. Yeah. As this all plays out.