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Home Depot Earnings, AI Winners & Losers, and A Lower Market Open 8/15/23

Published 2 years, 7 months ago
Description

Home Depot reports earnings this morning following back-to-back quarters of misses. D.A. Davidson’s Michael Baker previews the results. Plus, Saudi Arabia and the UAE have reportedly purchased Nvidia chips in pursuit of their AI ambitions. RBC Capital Markets’ Rishi Jaluria breaks down the AI stock winners and losers. And, futures are pointing towards a lower open after a mixed session yesterday. Baird’s Ross Mayfield and Capital Wealth Planning’s Kevin Simpson discuss.

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