GOOG is s stock that has both bad news and good news at the same time. Also for the future, it is of great potential in development and also has a non-favorable outlook. That is why on The Express of Aug 4th, the writer only classified it as Lord of Lords which is under the King of Kings.
What is GOOG famous for? Traditionally, it is famous for its search engine for more than 2 decades, some people even use it as a verb and not proper noun and would say “Google it” instead of search it in internet. But recently, because of the rise of ChatGPT, the search function has also been replaced by AI. This is a trend they cannot change, so they had not struggled against it and just flow smoothly with the trend. They launched out another AI which is called Gemini.
Gemini is one of the strong competitors of ChatGPT, not just will eat out the market share of ChatGPT, but also will eat out the GOOG search engine. Gemini is also a killer of search engine including GOOG and YAHOO or whatsoever. Mind that GOOG Gemini has not relation with the Gemini Space Station (GEMI) which is going for IPO today. They want to use the term Gemini not for horoscope but to show their scientific ideas. Anyway it is a dilemma for GOOG.
Another good news is the quantum computer. It is different from traditional computer of binary function which is only 0 and 1, they can be in the middle. And thus generate incredible amount in computing. However, Quantum computers are not yet practical for real-world applications. Physically engineering high-quality qubits has proven to be challenging. We still have to wait for a certain while, not as the Full Self Driving version 14 of TSLA which will come out in Sept and the 5,000 humanoid robots will come out in December.
GOOG has been entangled by court cases, in US they have just won a law case which granted them no need to sell out the Chrome, it is a good news. Google has already paid over €8 billion ($9.37 billion) in fines in the European Union—and has now received both the largest and the second-largest EU antitrust fine to date.
Donald Trump threatens the European Union with an investigation that could lead to higher tariffs. The market seemed paralyzed for GOOG faced trials and court cases for decades and not just now. Donald Trump also threated here and there and chickens out always (TACO).
One thing investor should mind, Putin after visited China for two weeks which is the longest period ever, he strengthened the attack to Ukraine. This means he should get support from China. Trump threatened to have secondary sanction to those countries that will have economic support or trading in energy with Russia.
Originally, the tariff between China and US had cooled down, and now may trigger up again. Trump is proposing a bill to House and Senate to have secondary sanction on all countries to trade with Russia including China. This bill should be passed easily as both parties already expressed their ideas. What investors should mind is that whether the curse of September will come true in the third week? Or year 2025 is an exceptional case? Rate cut is a good news, but is there any bad news next week?