Key insights
- A satirical piece claims Google's core businesses are dead, despite its strong financial position. While intended as humor, the extreme bearishness, even if facetious, reflects a sentiment that could temporarily weigh on sentiment for large-cap tech stocks if misinterpreted or if similar, non-satirical bearish views gain traction.
I have reviewed the chart and can confirm this is Google’s 9/11.
Search is dead. AI is dead. Cloud is dead. Waymo is dead. YouTube is dead. Android is dead. The company only has a few hundred billion dollars in cash, billions in quarterly profits, and ownership of half the internet.
Frankly, I don’t see a path forward.
At this point, management should probably liquidate the company, sell YouTube for spare parts, and turn the Googleplex into a Spirit Halloween.
The comment section is:
75% people too dumb to realize it’s satire
25% people getting mad at the satire