From Nasdaq: 2024-03-28 03:41:00

Wall Street is in a panic over inflation, causing tech giants Amazon and Alphabet to take a hit in the stock market. However, these companies are still strong investments, especially in the AI sector, where they lead with cloud-based services and their own AI tools. Both stocks are priced reasonably and poised for growth. Despite recent economic pressures, Amazon and Alphabet are investing heavily in AI and cloud computing, setting them up for success in the long run. Investors should focus on the fundamentals and consider buying shares in these undervalued tech giants for long-term gains. The market may be volatile now, but Amazon and Alphabet are positioned to thrive when the economy stabilizes.



Read more at Nasdaq: Alphabet and Amazon Stocks Surge to All-Time Highs: Buy These “Magnificent Seven” Stars Now or Regret It Later