JPMorgan updated its top internet stock picks, adding Meta Platforms and Amazon while removing Alphabet from its focus list. Meta's ad revenue growth, driven by AI improvements, outpaces Google Search, with expectations to surpass it in Q4 2026. Amazon's AWS shows strong growth, while Alphabet's slower AI search monetization and negative free cash flow raise concerns despite a 3% stock gain. Investors will watch if Meta's ad revenue overtakes Google Search and how AI impacts these tech giants moving forward.
As of Nov 09, 2026 22:02 WIB, Meta and Amazon both rose around 4.6-4.7%, with Meta at USD 638.70 and Amazon at USD 271.23, nearing their respective 52-week highs of USD 777.59 and USD 284.02. Alphabet gained a smaller 3.21%, priced at USD 293.93, still well below its 52-week high of USD 402.62. Meta and Amazon show stronger recent gains compared to Alphabet, reflecting the market's current favor toward these top internet picks on Pluang.
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