Dan Niles favors Google and Meta on Cloud growth and Meta AI agents
GOOGL Alphabet Inc
$350.50 +0.81%
View chart & analysis → - 1Dan Niles noted that Google Cloud revenue rose 82% to $24.8 billion in the second quarter.
- 2Meta launched Muse on September 8, an agent capable of web browsing and task execution.
- 3Alphabet's cloud backlog reached $514 billion as of June.
So what's the key point?
Google Cloud revenue grew by 82% and Meta released a new AI service. Expert Dan Niles believes these two companies will perform well in the future.
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