Both Amazon and Alphabet Remain Attractive Says Neuberger Berman's Flax

The video discusses the growth potential and challenges faced by Amazon and Alphabet. Amazon's AWS and advertising sectors show promise, while Alphabet's core search and YouTube businesses remain strong. Both companies are investing in future growth areas like cloud and autonomous driving. Cost management is crucial, with Alphabet moderating traffic acquisition costs and Amazon seeing profit improvements from past investments.

What investments is Alphabet making for future growth?

What changes have been observed in Amazon's operating profit?