Q2 ER Special Report: Neoclouds, AdTech, Cloud Stocks & Semiconductors
NBIS vs CRWV, TTD vs. APP, TWLO & TEAM, Plus AMD!
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As we wrap up one of the busiest weeks (last week) of earnings reports of companies across the AI value chain (Semiconductors, SaaS, and Neoclouds), we decided to update you over the weekend with key earnings takeaways from companies under our coverage, along with our updated price targets, conviction scores, and ratings that can be found on the AI Stock Rec Tracker.
But before that, in case you missed it, last week, we released our Conviction Score as part of our AI Stock Rec Tracker, where we now assign stocks under our coverage with a Conviction score (in addition to price targets and ratings) to help you drive your investment and portfolio allocation decisions with more conviction.
During this week, we will release our AI Stock Thesis Tracker, also part of the AI Stock Rec Tracker, that will allow you to track our ratings history across stocks with their associated research notes by dates since the beginning of the year.
This will be followed by a video tutorial that we plan to release by the end of the week for all our premium members, explaining how best to navigate the AI Stock Rec Tracker in order to drive your investment and portfolio allocation decisions, especially as we expand the number of features on it.
With that said, let’s get right into this post, which is broken into three sections:
Quick earnings takeaways of companies that have already reported last week with updated price targets, conviction scores, and ratings
Earnings to watch out for next week: CoreWeave CRWV 0.00%↑ and Monday.com MNDY 0.00%↑.
The addition of three new stocks under coverage on the AI Stock Rec Tracker that include FTNT FTNT 0.00%↑, Duolingo DUOL 0.00%↑ and Salesforce CRM 0.00%↑.
Q2 Earnings Summaries and Updated PT’s
Starting at the top of the AI stack with semiconductor earnings, AMD’s AMD 0.00%↑ Q2 results were just as we had expected, as management had done a good job at priming markets in the previous quarter about an expected slowdown in data center revenues in Q2 due to the launch of the MI350 in June.