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Let's look at why Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN) are the two stocks I'd split investing $50,000 in right now.I'll look at the advantages and growth opportunities both stocks have, as well as look at their current valuations.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »Overview: Alphabet's main business is its Google search engine, which commands an approximately 90% global market share. It also owns the most-watched video streaming service with YouTube, as well as several other internet properties and apps, including Gmail, Google Workplace, and Google Maps. It is the world's largest digital advertiser and has the third-largest cloud computing business in Google Cloud. It is also the majority owner of the robotaxi company Waymo.Advantages: Alphabet has the most complete artificial intelligence (AI) stack of any company, having developed both world-class AI chips, with its tensor processing units (TPUs), and its own top-tier AI models, with Gemini. Alphabet developed its TPUs more than a decade ago, and these battle-tested chips run most of its internal workloads. This gives it a huge cost edge with AI model training and inference, and creates a powerful flywheel effect.In addition, the company has a huge search and AI discovery distribution advantage through its ownership of the market-leading Chrome web browser, smartphone operating system Android, and a revenue-sharing deal with Apple. This essentially makes it the gateway to the internet. Meanwhile, its massive global ad network lets it monetize both search and AI discovery better than anyone else.Growth Opportunities: With demand for AI infrastructure-as-a-service off the charts due to AI, Google Cloud continues to see rapid growth. The company is spending aggressively to add capacity, while it is also beginning to rent out its chips to large customers. At the same time, it has incorporated Gemini throughout its products, including Google search, which is helping drive queries and revenue growth. Waymo, meanwhile, is expanding rapidly and could be a nice future contributor.Valuation: Alphabet trades at a forward price-to-earnings (P/E) ratio of around 26 based on the analyst 2026 consensus and 22 times 2027 estimates. That's an attractive valuation for one of the companies best positioned for the AI era.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersAMD Advanced Micro Devices, Inc. 218.76 +13.39 (+6.52%)ARM Arm Holdings plc 159.60 +24.63 (+18.25%)BTC-USD Bitcoin USD 71,155.15 +2,012.63 (+2.91%)INTC Intel Corporation 47.47 +3.41 (+7.74%)SRPT Sarepta Therapeutics, Inc. 22.89 +5.27 (+29.95%)PortfolioSign in to access your portfolioSign inTop gainersSRPT Sarepta Therapeutics, Inc. 22.95 +5.34 (+30.33%)CORT Corcept Therapeutics Incorporated 41.24 +7.42 (+21.94%)BRZE Braze, Inc. 21.48 +3.46 (+19.19%)ARM Arm Holdings plc 159.90 +24.93 (+18.48%)FLY Firefly Aerospace Inc. 27.60 +3.87 (+16.31%)Top losersADMA ADMA Biologics, Inc. 9.80 -1.53 (-13.55%)FUBO FuboTV Inc. 10.59 -1.43 (-11.91%)DAVE Dave Inc. 181.97 -24.43 (-11.84%)ONON On Holding AG 35.36 -4.24 (-10.70%)FPS Forgent Power Solutions, Inc. 32.25 -3.53 (-9.88%)Most activeNVDA NVIDIA Corporation 179.02 +3.82 (+2.18%)INTC Intel Corporation 47.56 +3.49 (+7.93%)TERN Terns Pharmaceuticals, Inc. 52.81 +2.81 (+5.62%)ONDS Ondas Inc. 10.45 -0.24 (-2.20%)SMCI Super Micro Computer, Inc. 23.81 +1.58 (+7.11%)Top economic eventsEarnings eventsMy earnings eventsEarnings events