Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Matthew Swanson"


3 mentions found


What history shows: Data from Bespoke Investment Group shows GM beats earnings expectations 87% of the time. Tesla is set to report earnings after the close. What history shows: Bespoke data shows GM beats earnings expectations 62% of the time. What history shows: Ford earnings exceed estimates nearly 70% of the time, according to Bespoke. This quarter: Earnings for the airline are expected to have fallen more than 10% from the year-earlier period, per LSEG.
Persons: Michael Wayland, Tesla, Elon Musk, Dan Levy, Ben Kallo, Benjamin Black, Jim Farley, Matthew Swanson, Swanson, AAL, Leslie Josephs Organizations: Big Tech, Google, Ford Motor, IBM, General Motors, CNBC, Tuesday, GM, Investment Group, LSEG, Barclays, Energy, Deutsche Bank, Wednesday Ford, Ford, Ford Pro, RBC, Thursday, Airlines, American Airlines, Investors Locations: China
It's time to buy International Business Machines as it's undervalued, according to RBC Capital Markets. Analyst Matthew Swanson initiated coverage of IBM with an outperform rating, saying the value of the tech company's software business specifically is being overlooked by investors. He expects IBM can carve out its own niche in artificial intelligence as it has in hybrid cloud enablement. "We feel the company's software business is misunderstood, and undervalued, particularly its role in hybrid environments, AI and spend optimization," he added. IBM 1D mountain IBM shares 1-day IBM can support businesses in their A.I.
Persons: Matthew Swanson, Swanson, — CNBC's Michael Bloom Organizations: Machines, RBC Capital Markets, IBM
RBC says that AI is one of the most transformative developments in tech in the last 20 years. The firm's tech analysts explained which stocks they think will benefit the most from generative AI. They added that in many cases, the "rising tide" of AI will benefit broad swaths of the market. But it's not just the established tech titans that can profit from the advent of AI technology. Those companies are below, along with their tickers and commentary about each provided by the RBC analysts.
Total: 3