The Swiss bank included in its list from papers makers, semiconductor makers, telecommunications and other major technology companies. Among them are Walt Disney, NVIDIA, Meta Platforms and Microsoft.
The Metaverse has become one of the hottest topics on Wall Street since Mark Zuckerberg announced last fall that Facebook was transforming itself into a 3D digital environment. Many investors wanted to be part of the development of a new digital world, which is accessed using virtual and augmented reality tools, writes CNBC.
“Over the next few years, we will probably all be working, playing, communicating and investing in this all-encompassing ecosystem,” said Maxim Manturov, Head of Investment Research at broker Freedom Finance. "Tech companies will be hard at work on accessories that will take the Metaverse experience to the next level." According to Credit Suisse experts, the Internet will be "bigger, more exciting and free from restrictions" in the future.
According to bank analysts, Walt Disney and Warner Music will become one of the favorites of the metaverse among content producers. During the coronavirus pandemic, live performances by artists have been replaced by virtual concerts. Experts noted that this allowed them to reach more fans around the world, as well as experiment with special effects and interact with fans.
After the market closes on February 9, The Walt Disney Company will release its financial results for the first quarter of 2022. Analysts note that the focus of the quarterly report will be the increase in the number of new Disney + subscribers and Disney's forecast for further growth in the indicator. In previous reports, the company reported that the subscriber base increased to 118.1 million.
mong chipmakers and manufacturers of semiconductor equipment, Credit Suisse experts singled out the shares of Marvell Technology and NVIDIA . Analysts at Credit Suisse emphasized that NVIDIA is helping to reduce the cost of data analysis using artificial intelligence and machine learning, which contributes to the "expansion of the targeted market."
Virtual and augmented reality tools will require powerful mobile edge computing and cloud gaming solutions that NVIDIA can provide, Maxim Manturov noted. According to him, the NVIDIA RTX server can easily meet the high power and computing requirements, and thus NVIDIA will enjoy strong hardware sales revenues over the next few years, in addition to growing cloud gaming subscription revenues.
On Monday, February 7, NVIDIA's board of directors made the decision to finally abandon plans to acquire British microchip developer Arm for $66 billion, after the US Federal Trade Commission filed a lawsuit in December 2021 demanding that the deal be canceled, alleging that the company NVIDIA will become a clear monopolist in the semiconductor market if it gains control of Arm.
The biggest exponents of the new universe on Credit Suisse's list are Microsoft and Facebook's parent company Meta Platforms . Both companies have publicly stated their willingness to actively develop in the metaverse. For example, Meta Platforms was one of the first companies in the world to announce the merger of its own virtual spaces, and also announced that it was investing $50 billion in this area.
At the auction on February 3, Meta shares showed the strongest intraday collapse in the history of the company - at the moment the paper fell by 26.6%, to $237 apiece. The company's shares fell on the back of the results of the first financial report after the rebranding, in which the company lowered its revenue forecast for the first quarter of 2022.
Analysts at Credit Suisse also singled out technological companies Intel and Adobe as the most promising companies . True, Intel is now going through hard times: at the end of 2021, its shares showed near-zero dynamics, and on January 27, the company announced that in the first quarter of fiscal year 2022 it expects weaker earnings per share ($0.8) than experts predict ($0.86). ).
The list of favorites also included shares of network equipment manufacturer Arista Networks and data center infrastructure developer GDS .
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