from24/7 Wall St.
4 hours agoMega Cap Stocks Just Keep Winning, And Pushing PWB Higher and Higher
The macro factor driving PWB forward is straightforward: enterprise spending on artificial intelligence infrastructure remains robust, and the companies building that infrastructure are printing money. Alphabet's net income surged 35% year-over-year in Q3 2025 as businesses adopted its Gemini AI models and expanded Google Cloud usage. NVIDIA tells an even more dramatic story-its data center business has transformed the company from a gaming chip maker into an AI infrastructure powerhouse, with earnings growth that reflects the scale of enterprise AI adoption.
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