 | | Alex Moschina
Publisher | What does a tech megacorp have to do to earn some love around here? Shares of Tesla (TSLA) and Alphabet (GOOG) tumbled in the wake of concurrent earnings releases yesterday. For the second quarter, Tesla reported a 40% drop in profits compared to a year ago. Income failed to meet analyst expectations. To cap it all off, the company warned that its "vehicle volume growth rate [in 2024] may be notably lower than the growth rate achieved in 2023." Ouch. [For Free? Click Here to Get the Names and Ticker Symbols of the Top Dividend Stocks in the Market! ] It's just more proof of what Shah has been saying since March... that when it comes to Tesla, investors ought to proceed with caution. But what about Alphabet? Despite yesterday's post-earnings tumble, the stock is up almost 40% since Shah called it a "Buy" in November. "You wanna own Google," he said on November 8. "It's a 'buy' here, it's a 'buy' anywhere." 
View larger image With yesterday's release, the company beat both top- and bottom-line expectations, delivering $84.7 billion in revenue for the second quarter. Earnings per share grew more than 30% compared to Q2 2023. And yet, this morning in pre-trading, the stock was down almost 5% from yesterday's close. Even though the stock bounced back, the initial response suggests enough is never enough. | SPONSORED | | AI SINGULARITY IS 3 MONTHS AWAY This is the exact moment when AI will throw off its shackles, instantly growing billions of times more intelligent than Einstein. A two-time hedge fund manager is sharing a "Singularity Investor Playbook" you can use to position yourself at the forefront of this historic moment. TAKE THESE 3 STEPS NOW  | | | While overall advertising revenue beat estimates, ad revenue from YouTube - specifically - underperformed. And then there's the company's ongoing expansion into the realm of AI. In the second quarter, Alphabet's investment in AI doubled from what it spent during Q2 2023 - to more than $2 billion. Unfortunately, the company can't shake the perception that - despite that big increase in spending - it's still behind the eight ball as far as its generative AI models go. After all, it was just two months ago that news outlets reported Gemini - Google's AI search feature - had been telling users to eat rocks (among other inedible things). Even so, remember that we remain in the early stages of the AI story. And, not for nothing, Gemini isn't the only AI tool that's delivering weird responses to its users. | SPONSORED | | $4,000 in Value, YOURS FREE! The Oxford Club's reigning #1-ranked VIP trading research service beat the S&P's relative performance by 3-to-1 in 2023. This service remains red-hot, booking wins as high as 182% in 2.5 months... 275% in 3.5 months... and 386% in 2.5 months here in 2024. To celebrate this success, we're offering you a FREE bonus year - valued at $4,000 - if you're one of the first 75 to respond before midnight tonight. Click here to see how to claim it asap.  | | | As Popular Science reported back in February, OpenAI's ChatGPT has had bouts of delivering "long strings of comically odd nonsensical gibberish devoid of any comprehensible meaning." The big difference is... Alphabet is a $2.2 trillion publicly traded company. Unlike OpenAI, we can track the market's reaction to its every misstep, practically in real time. And so, to the untrained eye, the immediate post-earnings performance would suggest that both Tesla and Alphabet delivered poor Q2 results. But the reality is, Tesla is reeling as its grip on the EV space weakens... While Alphabet continues to make the case that AI will revolutionize how folks interact with the web, and its core products. They are not the same. Have a great week, Alex P.S. As the AI race heats up, Shah has uncovered a small company that solves the biggest problem holding back AI. As demand for its unique AI solution skyrockets, sales could soar as high as 4,735% in the next year alone... Click here for details. A Track Record No One Should Trust  As we approach the election, Joel Salatin shares a controversial platform for solving our problems. See his solution here... A Perfect Storm of Politics, Earnings, and Economic Data  Tech stocks took a beating last week... the markets jumped in early Monday trading... and some big data awaits. Shah breaks down the week in trading here... Three Rules for High-Risk, High-Reward Investing  High risk, high-reward investing is back. Whether you're looking at crypto, high-growth stocks or small caps... here are three rules for jumping in. Keep reading...
Want more content like this? | | | | | Alex Moschina Alex Moschina is the Publisher of Manward Press. A gifted writer, editor and financial researcher, Alex's career in publishing began more than a decade ago when he worked at one of the world's leading providers of academic research and reference materials. Alex first cut his teeth in the realm of investing when he joined the team at White Cap Research in 2010. There he was charged with covering emerging market trends and investment opportunities. A stint as senior managing editor and editorial director at the prestigious Oxford Club followed. A frequent speaker at conferences and events, Alex has led educational workshops across the U.S. and Canada. | | | | 
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