Oppenheimer says its top picks heading into Q2 cloud earnings are Microsoft (MSFT), Cloudflare (NET), and C3.ai (AI). All three enable AI infrastructure/data where enterprises are increasing spending and accelerating cloud migration. The firm expects in line to slight beat for the big three hyperscalers. CapEx guidance will be in focus as a gauge on the AI opportunity, Oppenheimer adds.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT: