Rate Of Return$Alphabet(GOOGL.US)AI is experiencing explosive growth, with revenue growth accelerating from last quarter to 48%, and backlog orders increasing by 55% quarter-on-quarter to reach 240 billion. This means future revenue is certain, and only when large enterprises can profit from AI will they sign contracts with Google. The 240 billion and future orders are enough to support the 180 billion in capital expenditures.
Now we just have to wait for emotions to cool down and for the market to react before Google's stock price can recover!
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