The AI Capex Hangover Has Arrived

Google parent Alphabet (GOOGL) absolutely crushed earnings estimates yesterday after the closing bell. Revenues climbed 24%– a massive jump for a company of Alphabet’s size – while its cloud business surged 80%, blowing past Wall Street’s expectations. You might have expected investors to reward that performance with a standing ovation. Instead, the shares fell after hours. The […]

Stocks Reach New Net Profit Records in Q3

Welcome to the Friday earnings edition of What My System Says Today! We are one week away from the Thanksgiving holiday, and so far, earnings have given investors plenty to be thankful for. Today, before I jump into “bullish” and “bearish” earnings for next week, I want to focus on net profit margins. In simple […]

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