Google's recent dump and upcoming earnings play

TL;DR: GOOGL lost $200B in about 30 hours because a model is late and some engineers changed badges. This started the morning after Buffett told CNBC the $31B stake was his idea, including a $10B check written straight to Google funding the exact capex everyone is scared of. META meanwhile gained $125B this month on a leaked memo about maybe renting out spare GPUs someday. Google's actual cloud did $20B last quarter, up 63%, record margins, $462B backlog, and they're turning away customers because they can't build compute fast enough. Earnings Wednesday, 25x forward, expectations conveniently reset. Sold the machine, bought the memo. July 15, Buffett goes on CNBC and says the thing nobody expected. The $31 billion Alphabet position everyone assumed was Greg Abel flexing his new job? "I initiated it." Said not buying sooner was a mistake, said Google is more likely to succeed than 90-95% of Wall Street's picks. Stock ran from the 358 area to close near 372 and kept climbing the next mor

Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.