Google Cloud Surpasses 80% Growth, Niles Maintains Alphabet and Meta Stakes

Key Summary

Dan Niles, founder of Niles Investment Management, remains bullish on Alphabet and Meta despite recent market volatility, citing Google Cloud's 80% growth and Meta's Muse AI agent as reasons for his optimism. He also notes the potential for Meta to monetize AI spending through a cloud arm, and sees momentum in the stock despite a recent price run-up.