Amazon and 2 Other Cloud Stocks Are Still Seen as the Best AI Plays. Here’s Why.

TD Cowen is growing more optimistic about the prospects for the ability of generative artificial projects to boost demand for major cloud computing vendors.

Cloud computing’s “cost savings cycle makes way for burgeoning Gen AI,” the team wrote. The customer responses were “positive for AWS [Amazon Web Services], [Microsoft] Azure, and GCP [Google Cloud Platform].” The firm’s stock price target is $165 for Amazon, $390 for Microsoft, and $150 for Alphabet. Amazon shares rose 1.8% to $131.42 on Monday, while Microsoft fell 0.2% to $316.24, and Alphabet traded up 0.4% to $130.79.

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Amazon kick-starts AI cloud ramp with $4 billion investment in AnthropicAmazon is looking to close the AI gap on its big tech rivals Google and Microsoft with a potential $4 billion investment in San Francisco-based startup Anthropic.
स्रोत: startelegram - 🏆 248. / 63 और पढो »

Netflix, Amazon Stocks Rise With End in Sight for Hollywood Writers StrikeAn agreement has been reached to cease the labor action that has shut down production of TV shows and movies.
स्रोत: MarketWatch - 🏆 3. / 97 और पढो »

Stocks edge lower, writers strike deal, shutdown concerns, Amazon, HPStocks edge lower, writers strike deal, shutdown concerns, Amazon, HP
स्रोत: startelegram - 🏆 248. / 63 और पढो »