Google just lost $500B in one day. It's the worst day in its history. đł
Revenue grew 25%. So why the crash? A $51B quarter of AI spending turned its free cash flow negative for the first time since its IPO.
$GOOGLB is at 278.41, and RSI is 17, deeply oversold. But analysts are cutting targets, so it isn't a free bounce.
I'm in above 284.4, targeting 291 then 309, stop under 273.
Is this a once-in-a-decade discount or just the start? đ
#GOOGLB #bStocks #CryptoTrading
DYOR / NFA
Revenue grew 25%. So why the crash? A $51B quarter of AI spending turned its free cash flow negative for the first time since its IPO.
$GOOGLB is at 278.41, and RSI is 17, deeply oversold. But analysts are cutting targets, so it isn't a free bounce.
I'm in above 284.4, targeting 291 then 309, stop under 273.
Is this a once-in-a-decade discount or just the start? đ
#GOOGLB #bStocks #CryptoTrading
DYOR / NFA
