Alphabet's SpaceX Loss Creates a Buying Opportunity

seekingalpha.com —

Alphabet’s stock fell after its Q3 earnings report, triggering a selloff despite the company maintaining a "Strong Buy" rating from the analyst. The earnings-per-share miss was caused by a non-operating loss tied to its SpaceX stake, not core business weakness, which the analyst views as a buying opportunity. This marks the second major hyperscaler to face market punishment this month, with the analyst holding long positions in GOOG, META, and MSFT.


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