Ari Massey
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- Oct 30, 2026
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Most AI stocks crashed overnight after GOOGL posted red earnings post market Wednesday. Last red time was in February 2023. Crazy. They seem to be recovering today though, actually it does seem like a good level to get in even though technically the chart is broken and maybe the stock is going to consolidation as opposed to an uptrend for a few months now. But it did crash like 10% overnight to about $290 and analysts still set a $420 target in the near to medium term. Still a good return.
Investors are practically worried about them spending too much on AI without corresponding results as opposed to MSFT which went up 3% overnight instead as investors see MSFT using capital more efficiently than GOOGL for AI.
Investors are practically worried about them spending too much on AI without corresponding results as opposed to MSFT which went up 3% overnight instead as investors see MSFT using capital more efficiently than GOOGL for AI.