Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) continued to once again prove it's an artificial intelligence (AI) winner with growth accelerating in both its search and cloud computing businesses. While the stock is now up more than 50% on the year, it still looks as if it has plenty of upside potential ahead.

Oracle stock (NYSE: ORCL) has dropped 7% in a day, currently priced at $257. This decline appears to be due to profit-taking after the stock had soared over 80% in the past six months, largely driven by the announcement of its five-year, $300 billion cloud computing contract with OpenAI.

IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.

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Microsoft’s stock has been one of the most reliable in tech. Investors have stayed happy with the company’s margins and its reinvestment levels back into its cloud business, closely watching Azure’s performance as a key indicator of growth and sustained strength.