Impact of Amazon and Alphabet Earnings on Magnificent Seven Stocks

Reported about 6 hours ago

This week's earnings reports from Alphabet and Amazon will provide insights into the performance of the 'Magnificent Seven' stocks. Mark Mahaney of Evercore ISI discusses the potential influence of AI investments, tariffs, and demand trends, indicating that both companies are likely to continue investing heavily in AI despite competitive pressures. Mahaney raises questions about the growth of Amazon Web Services (AWS) and whether it will maintain healthy growth rates similar to Microsoft.

Source: YAHOO

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