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Stock impact report

Watch These 5 Technology Stocks for Q1 Earnings: Beat or Miss? [Yahoo! Finance]

Manhattan Associates, Inc. (MANH) 
Last manhattan associates, inc. earnings: 4/21 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.manh.com
Company Research Source: Yahoo! Finance
Rising demand for generative AI chips required in Large Language Models, which is the base of this technology, is expected to have continued benefiting the semiconductor companies in first-quarter 2024. Increasing adoption of Machine Learning, Augmented Reality/Virtual Reality devices, quantum computing, and cloud computing is expected to have aided the performances of the technology companies. Increasing demand for data centers, driven by the need for increasing cloud capacity to support AI-related workloads, is anticipated to have acted as a tailwind. Additionally, technical advancements in Internet infrastructure and the accelerated deployment of 5G technology worldwide are expected to have benefited technology stocks in the to-be-reported quarter. IoT-supported industrial automation, and the rising demand for smart electric appliances, wearables, electric vehicles and drones are expected to have acted as tailwinds for technology companies. Rising PC shipment, and signs o Show less Read more
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