Microsoft, Alphabet, Amazon Poised For 'Very Strong' Q4 Earnings, Says Dan Ives: 'This Is A Mid-1996 Moment'
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Wedbush Analyst Dan Ives predicts a "very strong" Q4 earnings for Big Tech, led by Microsoft, Alphabet, and Amazon, driven by high demand for AI enterprise services. He compares the current tech landscape to mid-1996's internet boom, emphasizing genuine adoption over speculation. The prediction follows strong results from Taiwan Semiconductor Manufacturing Co., indicating growth in the AI sector. Microsoft is expected to reclaim a $4 trillion valuation, with earnings reports scheduled for late January and early February. Over the past year, Microsoft, Alphabet, and Amazon stocks have seen significant increases.
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