- Monday: $GTLB (-3,65%) , $OKTA (-1,74%) .

- Tuesday: $CRWD (-3,24%) , $FLTR (-1,49%) , $ONON , $TGT (-0,28%) , $SE-ED .

- Wednesday: $MDB (-2,97%) , $MRVL (-2,74%) , $VEEV (-1,67%) , $ZS (-2,1%) .

- Thursday: $AVGO (-3,88%) , $COST (-1%) , $HCP (+0,21%) , $HPE (-2,89%) , $27C , $JD. (+0,27%)

Aftermarket after quarterly figures, 05.12.

$ASAN (-2,97%)
$RBRK +15.82%

$DOCU (-0,44%)
$ULTA (-0,82%)
$GTLB (-3,65%)
$LULU (-2,89%)

$VEEV (-1,67%)
$PATH (-2,41%)
$VSCO (-2,54%)
$HPE (-2,89%)
$IOT -6.58%

Earnings next week 🗓️

$ZS (-2,1%)

$CRM (-2,18%)

$OKTA (-1,74%)

$LULU (-2,89%)

$MRVL (-2,74%)

$CHWY (-2,96%)

$PATH (-2,41%)

$ULTA (-0,82%)

$S (-1,63%)

$FL (-1,31%)

$DOCU (-0,44%)

$DLTR (-0,94%)

$GTLB (-3,65%)

$HPE (-2,89%)

$IOT

$DG (-0,99%)

$CRDO

$PSTG (-2,34%)

$VEEV (-1,67%)

$AEO

$BOX (-1,17%)

$FIVE (-1,16%)

$TD (-0,61%)

$CURV

$BNS (-1,12%)

$SNPS (-1,95%)

$RY (-0,84%)

$CNM

$ASAN (-2,97%)

$WOOF (+5,96%)

$BBW (-1,1%)

$DCI

$CHPT (-4,26%)

$BASE (-1,61%)

$VSCO (-2,54%)

$CSIQ (-1,71%)

$THO (-1,01%)

$GWRE (-1,6%)

$SIG (-1,45%)

$CBRL (+0,76%)

$COO

$CPB (-0,7%)

$BMO (-1,09%)

$DSGT

$DOO (+0%)

$CAL

$SMAR

$REX (-2,34%)

$PVH (-1,4%)

$PEAK (-1,05%)

Earnings next week 🗓️

$ZS (-2,1%)

$GTLB (-3,65%)

$ASAN (-2,97%)

$DKS (-0,16%)

$AI (-3,5%)

$HPE (-2,89%)

$NIO

$AVGO (-3,88%)

$PATH (-2,41%)

$IOT

$DOCU (-0,44%)

$BRZE (-1,69%)

Satisfied with the use of AI?

Have a wonderful Monday morning!

I just read an exciting survey from Bain & Company that shows that companies around the world are investing heavily in artificial intelligence (AI). Bain has identified four main themes that emerge from their survey:

Widespread adoption of Generative AI87% of the companies surveyed are developing, testing or already using generative AI. These technologies are mainly used in areas such as software development, customer service, marketing and sales.

High investmentsSmaller companies invest around USD 5 million per year in generative AI, while larger companies spend up to USD 50 million per year. These investments show the high confidence in the potential benefits of AI.

Expectations are being exceededMore than 80% of companies report that generative AI has met or exceeded their expectations. This underlines the immediate added value that AI can create in various business areas. - But not everyone is happy! (see picture)

Future priority60% of the companies surveyed see generative AI as a top 3 priority for the next two years. This indicates that the trend towards AI integration in companies will continue.

What do you think of these developments in the AI sector? Do you think that investments in AI will pay off in the long term?

I am convinced that investments in AI will pay off in the long term. The widespread use and significant investments show that the benefits are real. Of course there are risks, but the opportunities seem to outweigh the risks. I find the developments in software development and customer service particularly exciting, as immediate added value is created here. UGs (regardless of size) need to adapt to avoid being left behind.

I look forward to your opinions and an exciting discussion!

Source:

AI Survey: Four Themes Emerging | Bain & Company

Interesting stocks on the topic (don't hold any of the stocks mentioned):

$WIX (-1,28%)
$GTLB (-3,65%)
$GDDY (-1,24%)
$APP (-8,9%)
$ZENV

What we can expect next week:

Monday, June 3:

• S&P Flash U.S. Manufacturing PMI (May)
• Construction Spending (April)
• ISM Manufacturing (May)
• Quarterly reports from GitLab ($GTLB (-3,65%) ) and Science Applications International Corp. ($SAIC (-1,71%) )

Tuesday, June 4:

• Factory orders (April)
• Job offers (April)
• Quarterly reports from CrowdStrike Holdings ($CRWD (-3,24%) ), Hewlett Packard Enterprise ($HPE (-2,89%) ) and Bath & Body Works ($BBWI (-2,28%) )

Wednesday, June 5:

• S&P Flash U.S. Services PMI (May)
• ADP Private Sector Employment (May)
• ISM Services (May)
• Trade deficit USA (April)
• Quarterly reports from Lululemon Athletica ($LULU (-2,89%) ), Dollar Tree ($DLTR (-0,94%) ), Campbell Soup ($CPB (-0,7%) ) and Five Below ($FIVE (-1,16%) )

Thursday, June 6:

• Initial claims for unemployment benefit (week ending June 1)
• Quarterly reports from Samsara ($IOT ), Docusign ($DOCU (-0,44%) ), Nio ($NIO (-2,13%) ), J.M. Smucker ($SJM (-1,18%) ) and Vail Resorts ($MTN (-1,38%) )

Friday, June 7:

• Labor Market Report USA (May)
• Consumer Credit (May)
• Wholesale inventories (April)

The upcoming week summarized:

Monday

• Publication of the quarterly reports of GitLab ($GTLB (-3,65%) )
• Speech by Philadelphia Fed President Tom Harker

Tuesday

• Release of factory orders (January) and the ISM Services PMI (February)
• Super Tuesday pre-elections in 16 states
• Quarterly reports from CrowdStrike ($CRWD (-3,24%) ), Target Corp ($TGT (-0,28%) ), Ross Stores ($ROST (-2,94%) ) and Nordstrom ($JWN (-0,18%) )

Wednesday

• Release of the ADP Employment Report (February)
• Statements from Fed Chair Jerome Powell before the House of Representatives
• Publication of wholesale inventories (January), job vacancies (January) and the Federal Reserve Beige Book
• Speeches from San Francisco Fed President Mary C. Daly and Minneapolis Fed President Neel Kashkari
• Quarterly reports from Campbell Soup ($CPB (-0,7%) ) and Abercrombie & Fitch ($ANF (-1,72%) )

Thursday

• Statements by Fed Chair Jerome Powell before the Senate
• State of the Union Speech
• Publication of initial applications for unemployment benefits (March 2), productivity (revisions to the fourth quarter) and the trade balance
• Speech by Cleveland Fed President Loretta Mester
• Quarterly reports from Broadcom ($AVGO (-3,88%) ), Costco Wholesale Corp ($COST (-1%) ), Kroger Company ($KR (-0,11%) ), Marvell Technology ($MRVL (-2,74%) ) and Victoria's Secret ($VSCO (-2,54%) )

Friday

• Release of the USlabor market report (February)
• Speech by New York Fed President John C. Williams