AI Sector Reports to Watch
This week, three key companies in the artificial intelligence sector are set to disclose earnings, reflecting the ongoing impact of AI on the stock market. Palantir Technologies (NASDAQ: PLTR) will report on May 4, expecting revenue of $1.534 billion for Q1, a 74% year-over-year increase, while analysts project an adjusted EPS of $0.28. Advanced Micro Devices (NASDAQ: AMD) is scheduled for May 5, forecasting Q1 revenue of $9.8 billion (32% growth) with an EPS of $1.29, following record revenue of $10.3 billion in Q4. Lastly, Arm Holdings (NASDAQ: ARM) will reveal its results on May 6, with management guiding for Q3 revenue of $1.47 billion (18% increase) and an EPS of $0.58.
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