2024-07-31 19:55:08
Tech
Artificial Intelligence
Stocks

Tech Giants' Stock Performance Tied to AI Growth and Cloud Dominance

Microsoft faces a 6% stock drop post-Q4 Cloud revenue miss but gains from AI advancements against Google and Amazon. Google invests heavily in AI, while Amazon dominates with e-commerce and cloud services expansion.

Analysts anticipate a strong earnings report from Amazon. IBM's focus on long-term AI solutions positions it for success in the evolving industry.

The broader tech market faces uncertainties as investors shift towards smaller companies amidst expected rate cuts. Citi's strategist warns of a possible 10% market correction, emphasizing AI's pivotal role but highlighting concerns over current valuations of AI companies.

Yahoo Finance
30. Juli 2024 um 20:13

Microsoft stock drops over 6% after results fall short in latest AI disappointment

Technology
Finance
Economy
Microsoft missed Q4 Cloud revenue, but gained market share from Google and Amazon due to AI. Google spent $13 billion on capex, mostly for AI. Amazon reports Aug. 1. Microsoft, Google, and Amazon stocks are up 22-23% YTD.
The Street
31. Juli 2024 um 19:46

Microsoft earnings: Azure growth, AI spending key as big tech wavers TheStreet Daily Newsletter

Technology
Economy
Finance
Microsoft shares have fallen with the broader "Magnificent 7" tech stocks as investors rotate into smaller, domestically-focused companies ahead of expected Fed rate cuts.
Yahoo Finance
31. Juli 2024 um 17:47

Why Amazon Stock Popped on Wednesday

Economy
Finance
Amazon, the e-commerce and cloud computing leader with 38% of U.S. online sales and 31% cloud market share, plans to expand one- and two-day delivery to reach 90% of U.S. customers. Its cloud dominance aids its AI business. The Motley Fool's Stock Advisor service has outperformed the S&P 500, and its analysts recently identified 10 best stocks, though Amazon was not among them. At less than 3 times sales, Amazon is attractively priced. Former Whole Foods CEO John Mackey is on The Motley Fool's..
Yahoo Finance
31. Juli 2024 um 14:47

2 Artificial Intelligence (AI) Stocks to Buy Now and Hold for Decades

Technology
Finance
Economy
While IBM's AI work may not grab headlines as often as newer players, the company focuses on providing enterprise-class AI solutions with long-term contracts. This strategy, though slower, results in deep-pocketed, committed clients, positioning IBM for long-term AI success as adoption accelerates across industries.
CW

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