Alphabet’s Upcoming Earnings to Reveal AI Monetization as Analyst Sees 15% Rally
Wedbush analyst Dan Ives forecasts a 15% surge in tech stocks as AI spending accelerates and highlights upcoming Alphabet and Microsoft earnings as indicators of AI-driven revenue. Anthropic will lease over 300 megawatts of AI capacity via 220,000 Nvidia GPUs at SpaceX’s Colossus 1, including compute from Google Cloud.
1. Dan Ives Forecasts Tech Stock Gains
Wedbush analyst Dan Ives forecasts a 15% additional gain in tech stocks this year, citing an early-stage AI investment cycle and rising capital spending trends on platforms such as Nvidia, Intel and Cisco. He highlights robust data center activity and Nvidia hardware demand as signals of sustained sector momentum.
2. Alphabet Earnings Poised to Show AI Monetization
Alphabet and Microsoft earnings due next week are expected to provide clarity on AI-driven revenue, with Alphabet’s cloud segment and advertising business under close watch for early signs of monetization tied to AI services and infrastructure.
3. Anthropic Expands AI Capacity with Google Cloud Ties
Anthropic has signed an agreement to lease over 300 megawatts of AI compute capacity via more than 220,000 Nvidia GPUs at SpaceX’s Colossus 1 facility, drawing on compute services from Google Cloud under existing partnerships to broaden AI infrastructure reach.