$Alphabet(GOOG)$ Looking through the latest reports on Alphabet, the big themes are the massive cloud expansion and solid earnings. A few things stand out to me. Google Cloud revenue jumped 82% year-over-year to $24.8 billion, driven by enterprise demand for AI infrastructure. Overall second-quarter sales climbed 24% to $120 billion, with operating margins expanding to 34%. The AI search features like AI Overviews seem to be boosting engagement and opening up new ad opportunities. Subscriptions revenue also increased 15% to $12.9 billion, helped by YouTube Premium and Google One. At roughly 16x forward earnings, Alphabet still looks like one of the more reasonably priced names among the major tech peers.
$Alphabet(GOOG)$ $Alphabet(GOOGL)$ The post-earnings move has been fully given back, as if the strong GCS growth never happened. That seems like pure foolishness to me. I keep adding on down days.
$Alphabet(GOOG)$ We're still in the summer period with some unusual market moves, but the fourth quarter is when earnings could really surprise to the upside. September is right around the corner.
$NVIDIA(NVDA)$ Based on 30 Wall Street analysts currently offering predictions, the consensus average price target is now $328.43. This represents a 50.97% upside change. The highest forecast is $515.00.
$NVIDIA(NVDA)$ Daily, weekly, monthly moves can be ignored. Look at the yearly moves. It's easy to stay long and just sit back, relax and profit year after year.
$NVIDIA(NVDA)$ Nvidia is putting up a brand new building right next to the two they already have. Massive scale. They are clearly preparing for the future.