Thanks! The market was likely spooked by $GOOGL missing analyst estimates, particularly in Google Cloud growth, and the increase in CapEx spending. Overall, I see Google's Q4 as positive—Cloud is still growing at +30%, but the key will be the growth trend in the next quarter and whether the increased CapEx spending will pay off.
The market panicked for no reason, don't you think?
Good summary!!!
Thanks! The market was likely spooked by $GOOGL missing analyst estimates, particularly in Google Cloud growth, and the increase in CapEx spending. Overall, I see Google's Q4 as positive—Cloud is still growing at +30%, but the key will be the growth trend in the next quarter and whether the increased CapEx spending will pay off.