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Evercore Soars on Word of TMT Participation

Evercore (NYSE:EVR) will host its inaugural TMT Conference on June 2-4, in San Francisco. The conference will explore the key forces shaping the future of the technology, media and telecommunications sectors, including artificial intelligence, digital infrastructure, software innovation and evolving capital markets dynamics.

Evercore Global Director of Research Marc Harris said, “This conference reflects Evercore’s commitment to bringing together leading companies and investors to engage on the most important trends driving growth, disruption and value creation across the TMT ecosystem.”

Tammy Kiely, senior managing director and one of the leaders of Evercore’s technology advisory effort, said, “AI is driving massive change in the technology industry—it is fueling unprecedented infrastructure expansion, impacting business models and creating both challenges and opportunities for participants. This event provides a forum for meaningful dialogue between operators and investors at a critical juncture.”

Amit Daryanani, senior managing director covering the IT hardware and communications equipment sector at Evercore, said, “AI is reshaping the underlying hardware and connectivity stack, creating a host of bottlenecks across the tech stack and resulting in significant investments flowing into compute, networking and data center infrastructure. This forum brings together key stakeholders to evaluate how these shifts translate into durable growth opportunities across the TMT landscape.”

EVR shares began Tuesday up $4.18, or 1.3%, to $323.03.