Big Tech Earnings Show Split Between AI Trade Winners and Losers
Bloomberg.com • • business
Key Points:
- Major technology companies reported strong earnings last week, highlighting the ongoing momentum of the artificial intelligence boom.
- Investors are becoming more selective in the stock market, differentiating between winners and losers within the AI sector.
- Alphabet Inc. saw its shares surge 10% following strong growth in Google Cloud and AI products, leading to a 23% gain for the year.
- Alphabet's stock is currently the largest contributor to the S&P 500 Index's rise in 2026, outperforming other leading tech giants.
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