Mark Mahaney, head of internet research at Evercore ISI, and Jason Snipe, founder and CIO at Odyssey Capital Advisors, joined ‘Closing Bell’ to discuss the earnings of mega-cap tech companies and their positions in the AI race.
Results for: Evercore ISI
In the wake of the recent mega-cap tech earnings releases, CNBC’s ‘Closing Bell’ invited Mark Mahaney of Evercore ISI and Jason Snipe of Odyssey Capital Advisors to delve into the competitive landscape and identify the frontrunners in the burgeoning AI arena. Their insights shed light on the key players making strides in this transformative technology.
Amit Daryanani, Senior Managing Director at Evercore ISI, appeared on ‘Closing Bell Overtime’ to analyze IBM’s recent quarterly performance. Daryanani offered his insights on IBM’s financial performance and discussed the company’s strategic initiatives.
Evercore ISI has reaffirmed its positive outlook on IBM shares, maintaining an Outperform rating and a price target of $215.00. The firm anticipates IBM’s upcoming quarterly earnings call to highlight the company’s strength in the Hybrid Cloud Platform (HCP) and Artificial Intelligence (AI), which are expected to drive growth. The call may also provide insights into IBM’s strategy and performance in the first quarter. Investors are awaiting further details on the company’s financial performance and strategic initiatives.