WS #14081
AMAT and CSCO fell despite strong earnings due to high expectations, while Databricks raised $5B at $190B valuation, indicating continued AI infrastructure investment. Silver Lake in talks to acquire Workday, Reddit joins S&P 500, and PSX-MPC merger talks collapse, affecting software, social media, and refining sectors.
Tech earnings and AI sentiment
AMAT and CSCO fell despite strong earnings due to high expectations, while Databricks raised $5B at $190B valuation, indicating continued AI infrastructure investment.
Silver Lake in talks to acquire Workday, Reddit joins S&P 500, and PSX-MPC merger talks collapse, affecting software, social media, and refining sectors.