Wall Street backs AI winners, and Meta's not one of them this quarter
Hey John. So the hyperscaler prints are in and Wall Street is starting to pick its AI winners. Amazon defied expectation, posting its strongest AWS growth since 2022.It also showed that its in-house chip strategy is setting the company up to bank record revenue of over $200 billion next quarter. Alphabet also riding high with cloud revenue jumping 34% after landing deals with OpenAI and Meta and its future deal pipeline. That's up almost 80% from a year ago.Now, both those companies hitting fresh all-time h ...