Wall Street Breakfast Microsoft in pole position for Agentic AI
10 snips
Jan 14, 2025 In a recent analysis, the underscored potential of Agentic AI reveals it as an underappreciated asset. As inflation cools, markets remain cautious, navigating through mixed signals. Meanwhile, corporate performance management tightens, with Meta planning to let go of 5% of its workforce. This shift hints at a larger trend in strategic layoffs amid a volatile market. Lastly, insights point towards an optimistic reversal, suggesting Robinhood might just be the standout investment for 2025.
AI Snips
Chapters
Transcript
Episode notes
Microsoft Leads in Agentic AI
- Microsoft is seen as a leader in generative AI, particularly in agentic AI, which can make independent decisions.
- CIOs favor Microsoft as their top vendor, expecting to increase spending on software and viewing Azure as their preferred cloud platform.
PPI Data Shows Mixed Signals
- While December's Producer Price Index (PPI) initially appeared positive, indicating low inflation, there were underlying concerns.
- A significant increase in air transportation costs could contribute to a rise in the Fed's preferred inflation gauge, core PCE.
Company Performance Updates
- Eli Lilly lowered Q4 2024 revenue guidance due to slower-than-expected growth in the Incretan market and lower channel inventory.
- KeyBank predicts Apple's Q2 guidance will disappoint, based on lower December spending growth on Apple products compared to previous years.