US Top News and Analysis | Alphabet is winning the AI revolution. Here's how Mike Khouw is trading it AI generated summary, Read the full article for complete information. Alphabet (Google) is outperforming expectations in the AI boom, driven by surging cloud revenue and an aggressive capital‑expenditure plan that signals confidence in its AI leadership. Management lifted full‑year capex guidance to as much as $190 billion, reflecting a push for generational dominance rather than short‑term optics. The company’s cloud and AI services, especially those powered by Gemini, are growing faster than the most optimistic forecasts, positioning Alphabet as a clear winner in the AI revolution. To capitalize on this momentum, options strategist Mike Khouw recommends buying August $400‑strike call options while financing the position by selling a June 350/420 strangle—selling June 350‑strike puts (accepting the risk of purchase at that level) and June 420‑strike calls to reduce cost and generate premium, creating a modestly bullish stance that could be profitable even if the stock remains flat through June. Read more: https://www.cnbc.com/2026/05/01/alphabet-is-winning-the-ai-revolution-heres-how-mike-khouw-is-trading-it.html #Alphabet #MikeKhouw #GoogleCloud #Gemini #GOOGL