AI technologies and datacenter buildouts

Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025. That’s up from $230 billion in 2024.

Amazon offered the most ambitious spending initiative, aiming to spend over $100 billion.

Amazon is under Algo Engine sell conditions, and we’ll examine the stock more closely following a price retracement back toward $200.

Shopify

Shopify Inc. Class A Subordinate Voting is under Algo Engine buy conditions.

The Q4 2024 results showed revenue growth of 31% year-over-year to $2.81 billion, which beat consensus. The company reported a net income of $1.29 billion compared to $657 million a year ago, and adjusted net income was $458 million compared to $337 million a year ago.

P/E of 92x makes this an expensive growth stock.