Amazon vs. Alphabet: Is GOOGL’s Cloud Growth Being Undervalued?

Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc. (NASDAQ:GOOGL) have reached such a point in their AI investment cycle where their cloud divisions are becoming more profitable, just as the companies are spending so much on infrastructure that cash flow looks considerably less impressive. The stocks, meanwhile, are priced remarkably alike. Yahoo Finance’s latest available valuation data […]