Alphabet Stock Price: What's Really Going On With Google's Shares
Google Cloud's "Growth": More Like Smoke and Mirrors?
Okay, so Google Cloud is supposedly killing it, right? 33% year-over-year revenue growth? 89% operating income jump? Give me a break. It's Alphabet. They could probably find "growth" in a dumpster fire if they massaged the numbers hard enough.
And Wall Street's eating it up, naturally. "16.7% compound annual EPS growth between 2024 and 2027!" they're screaming. As if those projections are worth the paper they're printed on. Seriously, can anyone actually predict what's gonna happen in three years, let alone four? It's all just speculation dressed up as "analysis."
The Illusion of Progress
Alphabet's market cap is $3.4 trillion. Let that sink in. Three. Point. Four. Trillion. At that point, are we even talking about business anymore, or just some kind of weird, self-perpetuating financial black hole? I mean, how much bigger can they get?
And let's not forget where all this money comes from. 73% of their Q3 sales were from advertising. Advertising! We're talking about a company that's supposedly leading the charge into AI, cloud computing, and... whatever else they're hyping this week, and they're still basically a glorified billboard company. It's like watching a rocket ship powered by hamster wheels.
Sitting here, staring at my screen, it makes you wonder where the real innovation went. We used to dream of flying cars; now, we get targeted ads for hemorrhoid cream. Progress!
The Reality Check
Alphabet shares have climbed 653% in the past decade. That's insane. Absolutely, pants-on-head insane. It feels like the market's completely detached from reality. How much of this is genuine value creation, and how much is just hype, speculation, and good old-fashioned FOMO? I honestly don't know anymore. Some analysts, however, Prediction: Alphabet Stock Will Soar Over the Next 10 Years. Here's 1 Reason Why. - Yahoo Finance, predict continued growth for Alphabet in the coming years.
Here's the thing: I'm not saying Google Cloud is a bad business. It's probably fine. But this breathless, gushing coverage? The way everyone's acting like this is some kind of earth-shattering achievement? It's just...too much. It's all too much.
Stop Drinking the Kool-Aid
Look, I get it. Everyone wants to believe in the next big thing. Everyone wants to get rich quick. But let's be real: the market is a casino, and the house always wins. And in this case, the house is Alphabet. So go ahead, chase the next big stock tip. But don't say I didn't warn you when it all comes crashing down.