Google Stock Down 30%: Breaking Down the Alphabet Dip

Moe walks through why Google, also known as Alphabet, dropped about 30% from its high even while reporting record revenue and cloud growth. We cover the spending that spooked the market, the chart line Moe is watching, and what the analysts' price targets say. Education only, and always your call.- Google (Alphabet) around 285 versus a high of 408, about a 30% drop- Record revenue of 127 billion and operating income of 40 billion, up 30% year over year- Google Cloud up 103%, from 15 billion to 30 billion, with a 561 billion backlog- Gemini, TPU chips, and YouTube subscriber numbers- Why the stock dropped: 51.4 billion in capex, negative free cash flow, and no Q3 buybacks- The math of recovering from a 30% loss- The line Moe is watching on the chart: roughly 280- Analyst targets: 53 of 58 say buy, with a range from 325 to 500- Moe's community: use code Mo to save 40%, link in the show notesTalk to AI Moe about this episode: https://podcast.stockmoe.com/episode/26977Join the Stock Moe Learner Community ($39.99/mo with code LEARN): https://whop.com/checkout/plan_QLYTDoooRSeiT/?promoCode=LEARNWatch the original video: https://www.youtube.com/watch?v=GcNVpeRiVc4This episode was made by Moe's AI team from Stock Moe's video and is voiced by an AI version of Moe and his AI co-host, Ada.Stock Moe's content is for educational and entertainment purposes only and is not financial advice. Moe may share his own trades, but they are never a signal to buy or sell, and Stock Moe does not offer copy trading. Moe is no longer a licensed broker or financial planner. Moe may hold positions in securities discussed. Past performance does not guarantee future results, and trading involves risk, including the loss of money. Please make financial decisions with a licensed professional.