From Nasdaq: 2024-07-26 04:51:00

Alphabet reported strong revenue and earnings growth in Q2, but the stock fell 5% due to YouTube advertising missing expectations. It remains the best AI stock in the Magnificent Seven, outpacing Apple and Tesla in revenue and earnings growth. Alphabet controls AI development, unlike Microsoft, and is cheaper than Amazon and Nvidia. Meta’s growth wild card may seem compelling, but Alphabet’s Waymo and “other bets” offer promising opportunities in the AI space. The top AI stock in the Magnificent Seven could change with new developments, but all seven stocks have potential for significant growth thanks to AI advancements.



Read more at Nasdaq: Why Google Parent Alphabet Is the Best Artificial Intelligence (AI) Stock in the “Magnificent Seven”