JPM Tech Sketch

This report provides TMT-focused specialist commentary on current investor debates, highlighting AI-centric concerns, company specific transitions for META/MSFT, and growth metrics for DKNG. It also covers analyst recommendations for upcoming institutional votes.

Key Takeaways

• 1.The AI sector remains bifurcated between winners (Semis) and losers (Internet/Software) with investors actively seeking indicators of a peak.
• 2.META and MSFT are identified as the best candidates to transition from perceived 'AI losers' to 'AI winners'.
• 3.DraftKings (DKNG) shows strong growth in its prediction market segment, with annualized volume increasing significantly.

Table of Contents

• SCHILSKY'S SNAPSHOT
• NEWS – DESK COLOR – RESEARCH HIGHLIGHTS
• Schilsky Whispers – Tech Investor Discussions & Debates I’ve Heard Recently
• AAPL WWDC Delivers Promised Siri Overhaul
• RDDT Up Pre-Market on Boutique Research Firm Note
• Databricks Raising More Capital at $165B Valuation (re: SNOW)
• China Plans $295B AI Buildout Fund
• JPM TECH RESEARCH
• INTERNET
• SOFTWARE
• MEDIA & TELECOM
• JPM TMT EVENT CALENDAR
• SCHILSKY'S SENTIMENT MONITORS
• TMT CORPORATE EVENT CALENDAR