To The Moon

Alphabet just delivered a lesson the market will not forget: in the AI era, growth is no longer enough. Cash flow is the verdict. On Thursday, October 29, Alphabet's Class A shares (GOOGL) plunged 12.64% to $283.82, down $41.07 from Wednesday's $324.89 close. It was the stock's worst single day on record, wiping out roughly $500 billion in market value in one session. The sell-off did not stop there: GOOGL fell another 1.4% on Friday to $279.84. And here is the twist that makes this story worth discussing: the quarter itself was not weak. What Alphabet Actually Reported Third-quarter revenue rose 25% year over year to $127.58 billion. Google Cloud was the standout, with revenue jumping 103% to $30.71 billion. Search revenue grew 12% to $63.35 billion, and operating income rose 30% to $40.6

Dell has been one of the strongest AI-related stocks this year, alongside NVIDIA and Broadcom. As of September 2, Dell closed at $492.20, gaining 15.8% in a single session and moving close to its 52-week high of $514. The stock has now risen more than 230% year to date. After such a massive rally, does Dell still have room to run? I don’t think we should judge it simply by how high the share price has gone. The more important questions are: Why has it risen so much, and can future earnings support the current valuation? 1. Dell’s rally is backed by more than just AI hype Dell’s share-price trend this year has been quite clear. Instead of rising steadily every day, the stock has moved sharply higher each time the company reported earnings. In February, Dell forecast approximately $50 billio

Snowflake and Broadcom have just released their latest earnings. Both companies delivered solid results, but the market reacted very differently. Snowflake jumped more than 22% in after-hours trading, while Broadcom fell by around 4% at one point. Both companies are benefiting from the AI boom, so why did their share prices move in opposite directions? I think there are three main reasons. 1. Both delivered strong results, but the market trades on expectations Let’s start with Snowflake. Snowflake reported second-quarter product revenue of $1.492 billion, up 37% year over year. Total revenue reached $1.547 billion, representing 35% growth. Adjusted earnings per share came in at $0.62, well above the market expectation of $0.45. Those numbers were already strong, but what really excited the

4 Key Takeaways from Tiger Brokers’ Offline Investment Sharing Session Yesterday, I attended an offline investment sharing session hosted by Tiger Brokers. There was a lot of information, so I’ve summarized the four points that I believe are most relevant to everyday investors. 1. Oracle: The AI Rally May Be Expanding from Chips to Infrastructure One set of Oracle data presented at the event really caught my attention. As of May 2026, Oracle’s RPO (Remaining Performance Obligations) had reached US$638 billion. Put simply, this represents contracted revenue that has already been signed and is expected to be recognized over time. This figure has surpassed Amazon’s US$496 billion and Google’s US$520 billion, and is approaching Microsoft’s US$678 billion. Yet as of August 14, Oracle’s market c