Mark Mahaney, Evercore ISI head of internet research and Jason Snipe, founder and CIO at Odyssey Capital Advisors, discussed the mega-cap tech earnings and the AI race on ‘Closing Bell.’ Mahaney said that the earnings were ‘mixed,’ with some companies, like Alphabet and Amazon, beating expectations, while others, like Microsoft and Apple, missed. He also said that the AI race is ‘heating up,’ with companies like Alphabet, Microsoft, and Meta all investing heavily in the technology. Snipe said that he is ‘bullish’ on AI and that he believes that it will be a ‘game-changing’ technology. He also said that he is ‘long’ on Alphabet and Microsoft, two companies that he believes are well-positioned to benefit from the AI race.
Evercore ISI’s Mark Mahaney and Odyssey Capital Advisors’ Jason Snipe Discuss Mega-Cap Tech Earnings and the AI Race
