$Alphabet(GOOGL.US)GOOGL’s sharp post-earnings drop toward the lower monthly band wasn’t entirely surprising. The AI mod…
$Alphabet(GOOGL.US)GOOGL’s sharp post-earnings drop toward the lower monthly band wasn’t entirely surprising. The AI model race is getting increasingly expensive, and the fight for market share could put further pressure on cash flow.
Meanwhile, APP’s sharp selloff is a reminder that the market is becoming increasingly worried about how AI could disrupt existing digital advertising business models. If AI starts changing how ads are delivered, targeted, and monetized, Google may not be immune either.
I’m still interested in GOOGL, but I’m sticking to my plan of starting to accumulate around 250. At the current price, I’d rather wait for a more attractive entry than rush to buy the dip.
@Captain's Treasure
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