Alphabet Inc Pref Shares GOOGM 6.25 05/15/2029

Norway's Sovereign Wealth Fund's just got US$184.3 Billion richer driven mainly by technology stock. It held 1.28% stake worth US$62 billion in Nvidia, a 1.24% stake worth US$52 billion in Apple, a 1.17% stake worth US$50 billion in Alphabet, a 1.27% stake worth US$35 billion in Microsoft and a 1.7% stake worth US$34 billion in Taiwan's TSMC. This was their largest gain ever. Like wise, Singapore's Sovereign Fund's, Temasek just invested into Sk Hynix and Samsung after both of the stock having endure a bitter sell off since July. However Norway Sovereign Wealth Fund's do caution against having a 20% high of technology stocks in it's portfolio arguing that any economic volatility will easily erased all it's gain. Is technology stocks exposure too great in your portfolio, mine surely is and it due time to either cash out or diversify.

Breaking: The Magnificent 7 have lost over ~$2,839,000,000,000 of market capitalization from their all-time highs

Alphabet is at the centre of the news once more - for another round of debt offering that could potentially dilute shareholders. Google initially recovered strongly post earnings as the stock climbed back strongly with buyers stepping in to support the momentum, but now is sliding back to low 300s with more debt offerings to fund its Capital Expenditures.

I just chased it aggressively at $343 at a small quantity. wouldn't sell a good long-term position simply because it has risen. For new money, I’d prefer buying in 2–3 tranches, with a more attractive accumulation zone around $315–330, and I'd become considerably more interested below $300.

Stocks held on to gains after CPI came in as expected, though oil prices edged higher after a senior Iranian official commented that there were no discussions with US on extending a ceasefire. With in line expectations of CPI, FED is now more likely to continue to hold steady as there is barely any major changes that would threaten the economy.

If CPI is good then all the tech sector will rebound if not.. prepare for the red day 😖😖

🌟🌟🌟$Alphabet - C(GOOG.US)has just suffered a brutal double digit haircut, tumbling 20% below its recent all time high of USD 404 to USD 343. The financial talking heads are treating the world's undisputed king of information like a failing tech startup. They are panicking but I am buying.

This drop is nothing more than a temporary noise obscuring an absolute monopoly engine.

Google still commands over 90% of global internet search and 95% of smartphone search traffic. People don't "Bing" things. They "Google" them. That digital real estate is a literal licence to print ad revenue.

At USD 343 per share, Alphabet is trading at a P/E ratio of just 17.2. It is deeply undervalued relative to its mega cap peers.

Investing is about zooming out. The market is giving me a golden opportunity to buy one of the most powerful corporate empires in human history at a big discount because it decided to invest heavily in its own future.

I am happily buying this dip and letting time do the heavy lifting.

I believe the markets wants to see the CPI numbers first before deciding where it wants to go. If the numbers show inflation tapering, it will be good for the markets.