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Companies are making strides in using artificial intelligence to boost their businesses.
Amazon (AMZN -0.33%), Microsoft (MSFT 0.54%), and Alphabet (GOOG 0.45%) (GOOGL 0.54%) all have market capitalizations of over $1 trillion. Each of these three companies is poised to benefit from the rise of the effectiveness of artificial intelligence.
*Stock prices used were the afternoon prices of April 20, 2023. The video was published on April 22, 2023.
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Amazon.com, and Microsoft. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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