As we previewed yesterday, Goldman's marquee Communacopia & Technology Conference started Monday, and while the big names have yet to present (NVDA is on Wednesday shortly after the CPI report), today was another exciting day for those following the latest updates. Here is a recap of what happened courtesy of Goldman tech trader Peter Bartlett.
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Generally positive tone from the group of telco/cable/med companies we heard from this morning, with CMCSA & AT&T both fairly constructive on industry trends & idiosyncratic drivers (the lack of "bad news" from CHTR, T, VZ, CMCSA this week likely better-than-feared). Elsewhere, pretty steady tone across the SMID companies in attendance (JKHY, ALTR, BILL etc) and CSCO reiterated its FY25 medium term Revenue targets + further detailed their momentum in AI networking.
