MICROSOFT WKN: 870747 ISIN: US5949181045 Kürzel: MSFT Forum: Aktien Thema: Hauptdiskussion

Amazon, Microsoft and Google are quietly morphing their businesses — and Wall Street is missing the big picture Tech giants are shifting from solely providing computing power to distributing AI models, unlocking a lucrative new revenue stream By Christine Ji Published: June 4, 2026 at 11:03 a.m. ET Alphabet, Amazon.com and Microsoft have become some of the largest companies in the world. And one analyst thinks the party is just getting started as these hyperscalers expand their growth beyond artificial-intelligence data centers. As enterprises race to adopt AI, Alphabet, Amazon and Microsoft are “quietly shifting from being providers of AI compute capacity to becoming AI model and product-distribution hubs for OpenAI and Anthropic to scale in the enterprise,” UBS analyst Karl Keirstead wrote in a Wednesday note. 'For example, Amazon has been steadily strengthening its partnership with Anthropic, investing $5 billion in the Claude creator in April. Anthropic has agreed to spend more than $100 billion on Amazon Web Services over the next decade, and AWS customers can now access the Claude platform directly without additional contracts or billing relationships. The medium-term “upside in terms of revenue growth from this broadening-out of AI revenue sources is underappreciated by [Wall] Street and could drive [revenue] estimates and the stocks higher,” Keirstead added. The hyperscalers’ beneficial relationships with OpenAI and Anthropic could already be seen this earnings season in their explosive cloud and backlog growth. “It is abundantly clear to investors that the hyperscalers are getting a massive boost from compute-hungry model providers,” Keirstead wrote.' 'These cloud revenues aren’t just coming from bringing new data-center capacity online, Keirstead believes. Big Tech companies are also becoming distribution platforms for AI models. Platforms like AWS Bedrock, Microsoft Foundry and Google Vertex allow enterprises to access models of their choice and build custom AI agents instead of acquiring them from third-party software providers.' 'The hyperscalers’ valuations “have by no means peaked,” in Keirstead’s opinion. Microsoft trades at 22.5x forward earnings, Amazon trades at 27.1x and Alphabet trades at 25.2x — levels that Keirstead believes are not pricing in the hyperscalers’ growing AI opportunities.'

Ich hab alle drei,zwei davon gehen ganz gut :)))))))

Selbst wenn der Markt ins Grüne dreht nach den Tagen, Microsoft bleibt am Boden🫡