Dan Ives says Wall Street underestimating tech earnings by up to 25%, Palantir and Snowflake nearing end of AI capex-monetization gap

Wedbush analyst Dan Ives says Wall Street is underestimating tech earnings by up to 25% over the next 12-18 months, and that Palantir and Snowflake are nearing the end of the gap between AI capex and true monetization. He argues CoreWeave's debt relative to its backlog is miniscule and that each dollar of capex is a 5-6x multiplier across tech.

Detected & updated continuously · Source: Nebula