27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Gene Munster of Deepwater Asset Management says that Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) holds a significant edge over Microsoft Corp. (NASDAQ:MSFT) in the race for AI supremacy, thanks to its extensive search history data, Business Insider reports.
Google’s Decade-Long Advantage: Munster points out that Google‘s earlier head start over Bing, Microsoft’s search engine, gives Alphabet a distinct advantage.
“It’s advantage Google over here, not just because of the valuation difference,”
“I’m in the belief that Google, their 20-year lead in search is going to inform better AI decisions. We don’t see it in the products today, I think that they will deliver on that, ultimately I think that’s going to be good for ad revenue,” Munster said.
Alphabet vs. Microsoft: While Alphabet’s stock surged 6% following Q2 results that beat analysts’ expectations, Microsoft’s stock slipped 4% after reporting slowing revenue in its Azure cloud business. Munster believes that Microsoft is a “light-year gap” away from delivering its A.I. promises.
Read Next: Double Dipping: Microsoft, Alphabet Earnings Both Due After Close As Fed Meeting Begins
Photo by IgorGolovniov on Shutterstock
Engineered by Benzinga Neuro, Edited by Pooja Rajkumari
The GPT-4 Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!