Jul 23 at 07:58 AM
$Alphabet(GOOGL.US) Alphabet's shares dropped after the company reported mixed second-quarter results, with revenue up 24% year over year but impacted by high capital expenditures. The earnings beat expectations, primarily due to substantial equity investment gains, although underlying operational figures were less impressive, causing investor skepticism about the stock's outlook. Moreover, the company raised its capital expenditure forecast significantly while Google Search revenue fell short of expectations, contributing to cautious market sentiment amidst broader AI spending concerns. I just bought the dip because I believe the reaction is overdone. If Bershire believes in Google at $360, why would I not believe at $330? @Captain's Treasure
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