Cloud Stocks: Analysis of Google’s AI Platform Strategy

Last week, Alphabet aka Google (Nasdaq: GOOG) reported its fourth quarter results. It surpassed revenue and earnings estimates driven by its GenAI offerings and accelerated growth in Google Cloud. However, it missed estimates for advertising revenue.

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Cloud Stocks: Analysis of Microsoft’s AI Platform Strategy

This week, Microsoft (Nasdaq: MSFT) announced its second quarter results that surpassed market expectations driven by its leading position in GenAI. After its success with PaaS, it is now looking at replicating it to AI platform or AI models.

Cloud Stocks: Analysis of ServiceNow’s UltimateSuite Acquisition

Last week, ServiceNow (NYSE:NOW) reported its fourth quarter results that soared past market expectations. ServiceNow continues to invest in building its AI services through product development, a partner network, and even acquisitions. The market is pleased with the company, and the stock is soaring at year high levels.

Cloud Stocks: Big Blue Climbs to 10-Year High on AI Potential

IBM (NYSE: IBM) recently announced strong results for its fourth-quarter that sent the stock climbing 7% in the after-hours trading session.

Cloud Stocks: Oracle Builds on NetSuite with Next Technik Acquisition

Oracle (NYSE: ORCL) reported its second quarter results that failed to impress the market. The weaker than expected performance and outlook sent the stock falling 9% in the after-hours trading session.

Cloud Stocks: MongoDB Ups its AI Capabilities

MongoDB (Nasdaq: MDB) recently reported its third-quarter results that blew past all market expectations. The company continues to add generative AI capabilities to its portfolio of tools.

AI Unicorns: CoreWeave Benefits from NVIDIA’s Partnership

The global graphic processing unit (GPU) market is expected to grow 34% over the next 10 years to reach $773.07 billion by 2032 from $42.2 billion in 2022. The growth is driven by the emergence of machine learning and artificial intelligence that require a larger dataset. Such large datasets are best handled by GPUs that can run parallel processing. New York-based CoreWeave is becoming a big player in the industry by providing companies with access to flexible cloud infrastructure processing solutions.

Cloud Stocks: Palantir Applies AI Bootcamp Go-to-Market Strategy with Success

Palantir (NYSE: PLTR) recently announced its third quarter earnings that outpaced market expectations. This was the fourth consecutive quarter that the company reported a profitable quarter, making it eligible to be included in the S&P 500 portfolio.

Cloud Stocks: AppLovin Continues to Deliver with AI

App monetization capabilities provider AppLovin (Nasdaq: APP) reported its quarterly results recently that surpassed market expectations. During the year, the company’s stock went up by 258%. And, the growth story appears to be continuing. 

Cloud Stocks: C3.ai Banks on AWS for AI Expansion

According to recent reports, generative AI is expected to become a $1.3 trillion market by 2032. Goldman Sachs estimates that AI could increase corporate profits by 30% in the next decade, and that generative AI alone could raise the global GDP by 7%. Tom Siebel’s C3.ai (NYSE: AI) is investing in this high growth market through partnerships and product innovation.