Arista Networks, Inc. (ANET): An AI Stock You Should Not Have Missed [Yahoo! Finance]
Arista Networks, Inc. (ANET)
Last arista networks, inc. earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investors.arista.com/home/default.aspx
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Source: Yahoo! Finance
Artificial intelligence (AI) is the new buzzword that is attracting the attention of almost everyone on Wall Street. The sector, characterized by rapid growth, significant investment, and intense competition, has witnessed a surge in venture capital (VC) funding over the past few months. In 2023, global VC investment in AI startups exceeded $94 billion. This surge in funding reflects the strong belief that these investors have in the transformative potential of AI across various industries. Merger and acquisition activity in the field is also on the rise, with more than 1,100 such deals in 2023 alone. Larger tech companies are actively acquiring AI startups to bolster their capabilities in the shortest time possible. Some sector-specific numbers highlight the AI potential in minute detail. For example, in the healthcare universe, the AI healthcare market is projected to reach $102 billion by 2028, with startups focusing on diagnostics, drug discovery, and personalized medicine. In
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News
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- Arista Networks, Inc. (NYSE: ANET) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $400.00 price target on the stock.MarketBeat
ANET
Earnings
- 7/30/24 - Beat
ANET
Sec Filings
- 9/10/24 - Form 4
- 9/10/24 - Form 4
- 9/5/24 - Form 4
- ANET's page on the SEC website