In the opening months of 2023, two tech industry behemoths, $Microsoft(MSFT)$ and $Alphabet(GOOG)$ $Alphabet(GOOGL)$, have been propelled by the surge in interest surrounding generative AI technology. Both companies have actively embraced AI to enrich their product and service offerings. However, a distinct divergence in their recent performance has come to the forefront. While Microsoft's stock has exhibited a remarkable 3% increase, Alphabet's stock has undergone a significant decline of nearly 10%. This discrepancy has ignited conversations regarding the long-term outlook for these industry leaders, prompting us to delve into an analysis to discern which of t
Chase high of MSFT or Bottom GOOG after earnings?
Microsoft’s net income jumped 27% as management cut back on spending. The company’s Azure cloud revenue growth accelerated after two years of deceleration. Google's Q3 advertising exceeded expectations, while cloud business fell short. -------------------------- Are you bullish on Microsoft after earnings' beats? What's your target price for Microsoft and Alphabet? Will you bottom GOOG after it plunges 4% after earnings?
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