_boosting-investor-confidence-in-ai-bets-tech39s-trillion-dollar-market-caps.jpg "Boosting Investor Confidence in AI Bets, Tech's Trillion Dollar Market Caps from paul asel ngp capital Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 1.7M times
✓ Published: 30-Apr-2024
👁 View: 1.7M times
✓ Published: 30-Apr-2024
Description:
Strong results from Microsoft and Alphabet have reignited investor confidence in big tech's expensive bets on artificial intelligence tools. Alphabet's shares surpassed a $2 trillion market cap for the first time on Friday, while Microsoft reached just over $3 trillion. Outperformance from major AI players like Microsoft, Alphabet, and Tesla helped lift the S&P 500 and Nasdaq to their best weekly gains of 2024. Executives said real-world demand and capital investment validate the potential of AI, not just hype around the technology.
Strong results from Microsoft and Alphabet have reignited investor confidence in big tech's expensive bets on artificial intelligence tools. Alphabet's shares surpassed a $2 trillion market cap for the first time on Friday, while Microsoft reached just over $3 trillion. Outperformance from major AI players like Microsoft, Alphabet, and Tesla helped lift the S&P 500 and Nasdaq to their best weekly gains of 2024. Executives said real-world demand and capital investment validate the potential of AI, not just hype around the technology.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_10-19-17-nafta-series-north-american-supply-chains-pt-3.webp "WITA_DC")
_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.webp "The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.")
_why-the-trucking-industry-is-so-fragmented-and-chaotic.webp "CNBC")
_bringing-ai-is-everywhere-pat-gelsinger-ceo-of-intel-at-semafor-world-economy-summit.webp "Boston Consulting Group")
⏲ 4 minutes 7 seconds 👁 107
_a-day-in-the-life-of-a-project-manager-124-indeed.webp "Indeed")
_pse-stock-trendings-review-may-02-2024.webp "Palaboy Trader")
_czech-republic-celebrates-two-decades-of-european-union-membership.webp "European Union figures have lent their support to Ukraine joining the bloc as the Czech Republic commemorates 20 years of European Union Member State status with an event at Prague Castle in the capital. Key figures say that the continent will not be \")
_bringing-trillions-onchain-with-ondo39s-nathan-allman.webp "The CLG Podcast")
_10-19-17-nafta-series-north-american-supply-chains-pt-3.jpg)
_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.jpg)
_why-the-trucking-industry-is-so-fragmented-and-chaotic.jpg)
_bringing-ai-is-everywhere-pat-gelsinger-ceo-of-intel-at-semafor-world-economy-summit.jpg)
_a-day-in-the-life-of-a-project-manager-124-indeed.jpg)
_pse-stock-trendings-review-may-02-2024.jpg)
_czech-republic-celebrates-two-decades-of-european-union-membership.jpg)
_bringing-trillions-onchain-with-ondo39s-nathan-allman.jpg)
![[+]](/images/menu.gif){kind=small}