Microsoft and Alphabet, the tech overlords, are laughing all the way to the bank thanks to their cloud divisions pumping out double-digit revenue growth, mainly due to the AI frenzy. While we were all eyeing their spending sprees on AI with a bit of a side-eye, turns out, it's paying off big time. These tech titans saw their market value jump by a whopping USD250 billion—yeah, that’s billion with a ‘B’—following their earnings reports that smashed expectations. It’s like every cloud (service) has a silver lining, right? Even other big tech firms like Amazon and Nvidia are riding the AI wave, seeing their shares go up. The message here is clear: if you're not already on the AI train, you might want to buy a ticket, or you'll be left at the station!