Dan Niles, founder of Niles Investment Management, says he still likes Alphabet and Meta Platforms. He cites Google Cloud growth above 80% and Meta's Muse AI agent as Nvidia nears a $6 trillion valuation. Nvidia set a record high on October 2, which shows how much investors will pay for AI chips....
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Dan Niles says he remains optimistic about Alphabet after Google Cloud revenue increased 82% to $24.8 billion. Meta is watching the Muse agent and the $351 resistance level.