$Alphabet(GOOGL.US)Background: Google got hit hard after Q3 results. Cloud revenue surged 103%, but Search growth slowed…
$Alphabet(GOOGL.US)
Background: Google got hit hard after Q3 results. Cloud revenue surged 103%, but Search growth slowed and AI spending caused negative free cash flow. Market worried about whether AI investment can generate enough returns.
My trade: Bought at an average cost of US$345.
Takeaway: Long-term still bullish lah. I would start buying the dip, but in small batches, not all in. Cloud and AI got strong potential, but short-term volatility likely to continue. Keep some bullets in case price drops further.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.