This Week: Google and Tesla to Dominate US Tech Stocks

With the support of generative AI, $Alphabet-A (GOOGL.US)$ is expected to continue its strong growth from Q1, with Q2 cloud revenue projected to increase by 25% year-over-year. $Tesla (TSLA.US)$ 's Q2 gross margin might fall short of expectations, with investors focusing on updates regarding FSD, Robotaxi, and energy storage.

Tesla saw a significant drop of 4% on Friday, impacted by Trump's and $CrowdStrike (CRWD.US)$ 's issues. Trump, in his speech after accepting the Republican presidential nomination, promised to end Biden's electric vehicle policies on his first day in office if elected. Additionally, media reports indicated that IT system outages caused by CrowdStrike software led to temporary production halts at Tesla's facilities in Texas and Nevada. $Donald Trump (BK22962)$ $Trump Media & Technology (DJT.US)$