Key News Facts
Broadcom (NASDAQ: AVGO) is witnessing significant growth in its AI business, with revenue expected to increase by 50% year-over-year in fiscal year 2026, followed by a projected 36% growth in FY 2027. The company has partnered with major AI players such as Alphabet (NASDAQ: GOOG) and OpenAI to create custom chips.
Alphabet reported a 15% year-over-year growth in Google Search for Q3, alongside a 33% increase in revenue for its Google Cloud division. Meanwhile, Amazon (NASDAQ: AMZN) has seen its online sales grow 10% and its third-party seller services up 12% in the same quarter. MercadoLibre (NASDAQ: MELI) continues to thrive by modeling after Amazon and expanding into fintech, maintaining strong growth in the Latin American market.
Investors are encouraged to consider the current market conditions, as some analysts believe that now is a favorable time to invest in these stocks, with the potential for significant returns in 2026.
