Tech Earnings Leave Analysts Divided: Google, Tesla, and ServiceNow at Odds
The recent earnings season has left analysts at Milk Road PRO divided on their verdicts for major tech companies. Google's sell-off was seen as mispriced by Kyle, while Tesla received a three-way split verdict from the team. ServiceNow, on the other hand, proved that software can thrive in the age of AI, according to M0xt.
The big tech earnings announcements were met with mixed reactions. Kyle added to Google's position, seeing value in the stock after its sell-off, while Melvin made three new picks for the next leg of the AI buildout. Meanwhile, M0xt bought into ServiceNow's dip, impressed by the company's clean cRPO beat.
The CLARITY Act pop was a major catalyst for Coinbase, causing excitement among analysts. Solana's price vs. fundamentals split added to the intrigue in the crypto space. As earnings season continues, Milk Road PRO will be tracking these developments closely.