Stock Splits for Amazon and Alphabet Lower Share Prices, Position Tech Giants for Growth
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Amazon and Alphabet recently did stock splits, which lowered their share prices but kept their overall value the same. These companies could skyrocket in a bull market due to their strong performance.
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Amazon is a leader in e-commerce and cloud computing. It is making delivery speed a priority and shifting to a regional fulfillment model.
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Amazon Web Services continues to be highly profitable. Amazon is investing heavily in AI to keep AWS on top.
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Alphabet gets most revenue from Google ads. Google maintains over 90% search market share despite competition.
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Alphabet is working to improve Google search with AI. The company continues to grow revenue double-digits annually.