$Alphabet(GOOGL.US)Context: Alphabet will report its third-quarter 2026 financial results after market close on Wednesda…
$Alphabet(GOOGL.US)
Context: Alphabet will report its third-quarter 2026 financial results after market close on Wednesday. As demand for AI infrastructure continues to grow, Google Cloud is becoming a new growth engine for the company, but capital expenditures driven by data centers, servers, and custom chips are also climbing rapidly. According to market expectations, Alphabet's third-quarter revenue is expected to reach approximately $127.9 billion, up nearly 25% year-over-year; earnings per share are projected at around $2.94, noticeably lower than the growth momentum reflected by revenue growth. It is worth noting that Alphabet's second-quarter EPS was boosted by large investment gains, so when comparing core earnings performance, operational health cannot be judged simply by year-over-year changes in reported EPS.
My Trade: I think current price range is looking more attractive, but I'm not in the rush. Let's see after the earnings.
Takeaway: One key thing to note is also FED's FOMC meeting on Wednesday as well, as more details on their interest rate target range will be officially revealed. This will give us a better sense of what to expect for the economy and stock market as well. @Captain's Treasure
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