The Direxion Daily GOOGL Bull 2X ETF (GGLL) experienced a sharp sell-off after Alphabet's Q3 2026 earnings report, creating a buying opportunity. Despite short-term margin pressure from TPU inventory buildup, Alphabet's strong Google Cloud growth and a $561 billion backlog support long-term bullish prospects. The ETF is highly liquid but carries leveraged risks, requiring careful risk management and active trading. Investors see potential for a rebound as Alphabet expands third-party TPU system sales and maintains robust growth.
As of Nov 03, 2026 01:51 WIB, GOOGL trades at USD 283.88 on Pluang, marking a 1.44% increase for the day. This price remains closer to its 52-week low of USD 273.49 than its high of USD 402.62, highlighting the recent pullback noted in the news. The stock's market cap stands at $3.43 trillion, with a dividend yield of 0.31%, reflecting its status as a large, established player in the media sector.
Amazon.com and Alphabet Inc. receive Hold ratings with 2028 price targets of $265 and $296, reflecting modest upside. Both companies are heavily investing in AI infrastructure, driving exceptional cloud revenue growth and high margins. However, risin...
Snap has settled a lawsuit brought by two teenagers who alleged that the company designed Snapchat to be addictive, contributing to their depression, anxiety, and eating disorders. This case was part of broader litigation against social media firms l...
Meta and Alphabet both reported negative free cash flow in Q3 due to heavy capital expenditures, despite revenue growth in their core businesses. Meta's ad revenue rose 26.1%, boosted by AI-enhanced ad pricing, while Alphabet saw strong growth in Goo...
AI companies like Alphabet, Amazon, Microsoft, and Meta are seeing strong revenue growth but are also spending heavily on AI infrastructure, often burning through cash. Free cash flow, which measures cash left after operating expenses and capital inv...
Anthropic reported a significant reduction in its net loss to $23.29 billion in Q3 from $66.3 billion in Q2, alongside a revenue increase to $16.96 billion. The AI company is preparing for what could be the largest IPO ever, despite a cooling IPO mar...
