i felt uncomfortable with my GOOGL stonks about this

    https://i.redd.it/5x1s350xgkhg1.png

    Posted by MuricanWisecrack

    17 Comments

    1. Sell em then, lol. Imagine telling your grandkids you had the opportunity to buy Goog for $330 and sold it, haha

    2. It’s funded entirely out of operating cash flow. Do u understand how absurd that is for a company to be generating so much actual cash flow? And at least it’s one of the few businesses seeing more near term AI returns – 48% GCP growth

    3. ObiWanCanownme on

      I’m more worried they’re not spending enough. Sorry, but if Google can’t even spend a measly $250B on capex I’ll take my money and find a tech company that can!

    4. theRealLongJon on

      Everyone acts like this is crazy. I think it seems crazy.

      But are you and I and some analysts really smarter than all the big brains at one of the most successful companies in the world? With engineers and finance people that have direct insight into how AI is driving business and revenue and the business potential of it moving forward?

      The answer is no. No we don’t.

    5. Ai isn’t going away, whether it crashes the economy or not. Not because it will ever be directly profitable, but because it’s by orders of magnitude the best tool for social manipulation, surveillance and control.

    6. benevolent_keerah on

      Google is playing to win. they know in the short term theyre gonna be criticized but theyre playing 5D chess – always several steps ahead – this capex spend is going to catapult them to 5 Trillion and the #1 company valuation in 2026

    7. Except GOOG’s cloud backlog also more than DOUBLED YoY to $240 Billion. Such CapEx growth is 100% money well spent “to meet ‘significant cloud customer demand as well as strategic investments in other bets'”. Others (looking at you OpenAI) aren’t so fortunate, but GOOG is absolutely doing things right here with the revenue to support such. NM their massive AI compute efficiency gains being realized.

    8. Defiant_Regular3738 on

      Scratches neck…

      In seriousness I think there’s some value we fail to appreciate here. The bleeding edge AI systems are probably approaching crystal ball miss cleo shit.

      Also the market size for AI is the entire middle of our workforce.

      Edit: at bare minimum the middle third of the job market just in the US is worth $3T minimum, annually.

    9. haircut50cents on

      Look around at your coworkers. AGI is already here. It has to be as good as the average employee…

    10. Any of you use GCP? They are constantly running of GPUs and customers are demanding for more. This is normal and a good sign.

    11. Non-profit-God on

      on top of the fact that they have a huge war chest to fund it, they are already seeing a return on investment. You are looking at the leviathan. This is Weyland-Yutani, your kids will be asking you what it was like before google owned everything and they’ll ask you “dad why didn’t you buy a share? It was only $300!”

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