Microsoft (MSFT) and Meta Platforms (META) delivered "home run" results yesterday, as the AI Revolution has not been slowed by the Trump administration's tariffs, Dan Ives, the Managing Director and Senior Equity Research Analyst at Wedbush Securities said on CNBC recently.

Ives covers tech stocks.

Tech Is Poised for a Comeback, Ives Indicates

"The tech trade changes after (the) results (of META and MSFT,)" Ives said. Companies "are going full speed ahead" on technology, while the large cloud players are in some respects accelerating, Ives reported.

"Big tech is fuelling" the AI Revolution, and "Big Tech is really holding up,"  he said.

Ives' Comments on MSFT's Azure and AMZN's AWS

The Q1 revenue growth of Azure, Microsoft (MSFT)'s cloud-infrastructure unit, came in ahead of analysts' average estimate, Ives noted. "Many thought" that the unit's top-line expansion would be below the mean estimate, according to Ives.

In the wake of Azure's beat, Ives thinks that AWS, Amazon (AMZN)'s cloud-infrastructure unit, will deliver "strong"  numbers.

While we acknowledge the potential of MSFT, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT:  20 Best AI Stocks To Buy Now  and  30 Best Stocks to Buy Now According to Billionaires Disclosure: The author owns shares of AMZN but has no plans to trade them in the next 48 hours. This article is originally published at Insider Monkey.