Browsing: Alphabet

Google is getting into the space business. Yahoo Finance Executive Editor Brian Sozzi discusses what jumps out at him from Alphabet’s (GOOG, GOOGL) Project Suncatcher launch.

There are some incredible artificial intelligence (AI) stocks to invest in right now. Micron (NASDAQ: MU) is booming from a memory chip shortage and looks primed to continue rising. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is experiencing success on several fronts in the AI arms race, and looks poised to deliver strong returns as well. However,…

For readers looking beyond Alphabet to other businesses building the digital plumbing behind creative AI tools, the next stop is 89 AI infrastructure stocks.

The most notable change in Berkshire Hathaway’s (NYSE: BRKA)(NYSE: BRKB) massive, roughly $360 billion stock portfolio this year has been the conglomerate’s large increase in Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG).

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) look cheaper than the S&P 500(SNPINDEX: ^GSPC) at face value. Right now, Alphabet and Amazon trade for 17 and 20.9 times earnings, respectively. The S&P 500(SNPINDEX: ^GSPC) trades for 24.2 times earnings, making these two far cheaper than the broader market.

Amazon and Alphabet are two of the biggest spenders in the AI world. Both see huge demand for their cloud computing products and are spending as much money as they can get their hands on to meet it.