Kipbana
08-03
What do you mean how far can the tech rally run? It’s at the bottom.
Alphabet Lags the Rally Before Earnings — Can Microsoft Show Better Cash Conversion?
Alphabet fell 0.97% Monday, lagging QQQ ahead of Wednesday’s cloud earnings. Consensus expects about $132.02B in Alphabet revenue and $92.49B for Microsoft. Investors will watch Google Cloud and Azure growth, AI monetization, backlogs, capex, and free cash flow. Bulls see Anthropic’s IPO process as evidence of enterprise AI demand; bears warn rising data-center investment may outpace cash returns. Which company can fund AI expansion with less pressure on free cash flow?
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