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Stock impact report

Analysts Say Coherent Corp (NYSE:COHR) Among Top Beneficiaries of AI Data Center Spend [Yahoo! Finance]

Coherent Corp. (COHR) 
Last coherent corp. earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Wall Street continues to gain momentum amid the latest earnings season and analysts are wondering whether we are still up for soft landing. Mohamed El-Erian, Allianz chief economic advisor, talked about the possibility of a soft landing vs no landing during a program on CNBC. When asked what would it take for the market to have a no-landing scenario, the analyst said: “I think we need the productivity enhancers from A.I., from life sciences to come earlier, we need to continue to have positive shocks to our labor force. And if we get those two things, you can get the bigger but not hotter economy which actually would be perfect for almost everything you can think of, from households to companies to financial markets.” The analyst does not rule out the possibility of a recession, however. “My probability of a soft landing is 55%, and a recession is 30%. A soft landing is the most likely scenario, but it's not dominant. Why isn't it dominant? Because we have weakness in the house Show less Read more
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