$Alphabet(GOOGL.US)Background: Google Q3 results disappointing, with earnings missing expectations. However, Google Clou…
$Alphabet(GOOGL.US)
Background: Google Q3 results disappointing, with earnings missing expectations. However, Google Cloud revenue surged 103%, showing strong AI demand. Main concern is huge AI spending and weaker-than-expected Search advertising.
My trade: Bought at an average cost of US$345.
Takeaway: Long-term still bullish lah, Cloud and AI got strong potential. But short-term pressure likely continue. Hold first, don't panic sell or rush to average down. Wait for cash flow and AI monetisation to improve.
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