David Lin on $GOOGL (Oct 31, 2026)

Google just lost $500 billion over the last 48 hours in market cap. Went down 12% after hours trading in Thursday after a disappointing earnings report.

I looked at Meta, Tesla, Google reported this week and there's an underlying trend here is that these companies spent a lot on capex probably more than what they were initiers were initially expecting and they missed EPS by a wide margin.

So, Google for example, the initial consensus uh EPS was $212. The reported was uh sorry, $3 $31. The reported was $212. And so they missed it by nearly 30%.

like I have the chart up of Google here. I mean, I've isolated down there's a gap fill here. You got pivot lows coming up and you got this beautiful ascending trend line right in this zone and it's still Google and yes is there did their ad revenue business the search business is it suffering because of AI absolutely but it's still Google and you're getting to levels valuation is very very attractive at least in the short term assuming you get some sort of stabilization in this trade

this is not a meme stock, okay? People are like, "Well, I've seen this before." Yeah, you've seen this in Dogecoin. haven't seen this in the blue chip tech stock. Okay, this is not a penny stock.

This is Intel talking about Google going down double digits in a single day. It doesn't happen every every Tuesday or Friday.

But there are other names out there and even Google I I've inched into Google down here starting to accumulate little by little because again high quality names Google's in the AI field but also has other avenues here Whimo etc.

I think the key is in a market where people are scared, best of breed is number one. Like if you're going to pick up tech, how do you not go with a Google or you know an Oracle, one of the bigger names, the versus taking more risk on something like Coreweave?