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Posts$Alphabet(GOOGL.US) The last-minute drop wiped out two percentage points 😂 Today's trend was relatively weak, falling more heavily than QQQ, indicating it's not simply following the broader market, but rather the market is still concerned about its AI cash burn, financing dilution, and profit margin pressure.
Regarding that sudden plunge at the close, I'm more inclined to believe it wasn't due to sudden negative news, but rather a concentrated sell-off caused by the Russell index rebalancing + end-of-quarter portfolio adjustments + Nasdaq closing auction. The trigger point was also near the close.
If you're holding Google now, don't judge the fundamentals as broken just because of that last-minute drop. What's more important is to see if it can hold 334–335 next week and reclaim 342–346. If it can recover, it's just a misjudgment correction from the close; if it breaks below 330, the short-term trend will likely continue to grind. Still looking for the bottom.
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