Feb. 26 at 12:35 AM
When you look at software right now, the earnings revisions on a one to two-year basis are positive,” J.P. Morgan Global Wealth Management U.S. equity strategist Abigail Yoder said Wednesday on CNBC’s “Closing Bell.”
“So this isn’t about what’s going to happen to software earnings in the next one to two years,” she said. “This is about their terminal value in ascribing a certain valuation to that, which I think the market is just wrangling around right now.”
On the earnings front, traders will await results from Warner Bros. Discovery, Dell Technologies and CoreWeave, all due on Thursday.
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