Bloomberg Tech Tech Leaders Approach Trump, Intel Looks for Buyers for Altera Arm
Dec 20, 2024
The discussion reveals how tech titans like Musk and Bezos are navigating their influence with Trump amidst a government crisis. It also highlights the fierce competition among private equity firms eyeing Intel's Altera chip unit. Additionally, the dynamics of tech leaders meeting at Mar-a-Lago underscore shifting political relationships. There's a focus on mergers and acquisitions, AI advancements, and labor strikes impacting major companies like Amazon and Starbucks, showcasing the intricate dance between politics and technology.
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Software and AI Focus
- Software and AI applications are the key focus for investors.
- Hilary Frisch suggests this trend will likely continue.
Potential Software Headwinds
- Headwinds for software stocks may arise from macro uncertainties and Trump’s policies.
- Seasonally weaker periods and conservative Q4 earnings guidance from companies may also contribute.
Software Valuations and Growth
- Palantir's high valuation is justified by its success in generative AI and government tailwinds.
- Other software companies are expected to experience better growth with increased investment in AI and agents.