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- Feb 5 Google's big CapEx push moves the stock lower
Market
“Google reported a slight dip in revenue that expectations but higher CapEx costs - $75B. Compared to $100B from Stargate, $80B for Microsoft, $65B for Meta and $70B for Amazon. Bullish for Nvidia ” 😊 😋
The indices were mixed - thanks to Google
The market is still digesting the Fed move and also earnings have been good (Palantir) but not awesome ($SNAP $GOOGL). The next few days and weeks are going to set the tone for Q1 - Amazon (which should be good) and rest of the technology large caps will report.
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