With AI use cases and Big Tech CapEx increasing, Mark McCarron sees a strong outlook for evolving tech. When it comes to building profits using AI, he sees Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN) as the "early monetizers" that will lead the next stage for momentum.

Alphabet is well positioned for the future as the company with the most complete AI tech stack. Amazon is the market leader in both e-commerce and cloud computing.

Analysts at Wedbush have highlighted Uber Technologies Inc (NYSE:UBER, XETRA:UT8)' strong positioning in autonomous vehicles (AVs) after the company announced a partnership with Amazon.com Inc (NASDAQ:AMZN)-owned Zoox. “Uber now has partnerships with every major unsupervised player, reinforcing our view that they are uniquely well-positioned to benefit from AVs,” Wedbush wrote.

Amazon's top line continues to be lifted by the growth of online shopping, digital advertising, and cloud computing. Investors seeking AI exposure should learn about Amazon Web Services and its strong position among cloud customers.

Amazon (AMZN) remains a core long-term Buy despite recent underperformance and heavy CapEx, underpinned by its dominant e-commerce and AWS platforms. AMZN's $200B annual CapEx and $37B debt raise signal aggressive AI and infrastructure investment, with market confidence in its balance sheet and future operating leverage. Custom AI chips and expansion into advertising and logistics position AMZN for multi-vector growth, leveraging its retail and cloud scale.

Major stocks in the USA look a bit soft in the premarket on Thursday.

Amazon (AMZN) is drawing criticism from the head of the Federal Communications Commission after pushing back against a SpaceX satellite proposal while strugglin