$Alphabet(GOOG)$ I bought 150 shares today and I'm looking to build this into a much larger position. Price is nearing the 200 SMA, so I don't think it'll go much lower.
If you are looking at $Eightco Holdings Inc.(ORBS)$ , the online advertising angle is worth thinking through. They hold a stake in OpenAI Pre-IPO. ChatGPT Ads is already competing with Meta and Google Ads. On screen time, who are they up against? $Netflix(NFLX)$ $Alphabet(GOOG)$ META. Screen time and ad revenue seem like the key points here. I also hold Ethereum and WLD, and I think that helps as well.
$NVIDIA(NVDA)$ $Micron Technology(MU)$ I don't usually trade momentum names, but MU feels washed out at these levels to me, especially with Trump talking about tariffs for companies that don't manufacture or support those names in the USA. MU is the only one of the 5 memory names globally, and it's not moving while the other 4 are. To me that looks like opportunity, so I just put on 3,000 shares. I also just reloaded a 10k trade slug on NVDA while the gifting is about to reverse higher.
$Alphabet(GOOG)$ 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.