Which Will Be The GOAT : Google (GOOG), Apple (AAPL) Or Micron (MU) ?
$Apple(AAPL)$ Bullish
It's beautiful when a company like Google admits that their own AI is eating up their own Google Ad revenue !!!
Google-owner Alphabet lost just over $500bn (£374bn) in value on Thursday after it revealed its own artificial intelligence (AI) summaries were hitting search advertising revenue.
Chief business officer Philipp Schindler said Google's "AI mode", where it answers questions conversationally, was eating into the money it makes from ads which appear next to results to traditional search questions.
Yet, Schindler said he felt "very good about our trajectory" with an AI-focused version of the search engine.
Google's role in answering the world's questions has been challenged by the AI boom, with millions of people using programs such as ChatGPT and Claude instead.
In other news, Micron's quarter reads like a commodity super-cycle in motion. GAAP gross margin jumped to 84.6%, from 37.7% a year earlier, and Cloud Memory revenue hit $13.77 billion as hyperscalers scrambled for HBM4. CEO Sanjay Mehrotra told investors the results "reflect the strategic value of memory in the AI era" and pointed to multi-year Strategic Customer Agreements as evidence of locked-in pricing.
Apple's story is steadier and more defensive. iPhone brought in $56.994 billion, Services set a fresh record at $30.976 billion, and Tim Cook cited "extraordinary demand for the iPhone 17 lineup." But the company pushed through a 15% to 54% global price hike on MacBooks and iPads to absorb component inflation, a move that props up the P&L today and risks demand tomorrow.
Micron's forward P/E of 7 versus Apple's 32x makes Micron the cheaper bet despite its triple-digit revenue growth advantage.
Mehrotra sold 94,078 shares into the rally, a cautionary insider signal even as Micron guides Q4 revenue to $50 billion.
In summary, Micron (MU) - Strong Buy, leads the way in stability and hyper growth, while Google (GOOG) and Apple (AAPL) are a Buy rating, given by many analysts.
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Hot Events: Google’s $17B Wyoming Data Center Investment & Gemini Omni 1.2 Flash Launch
Short-term impact: The combination of a massive infrastructure commitment and a competitively priced, immediately available AI video model is likely to reinforce Alphabet’s AI/cloud leadership narrative, providing a positive catalyst for GOOG amid currently fearful market sentiment (Fear & Greed Index ~18) and a strongly bullish forum ratio (25 long vs 4 short). Long-term impact: The Wyoming data center signals sustained, large-scale capacity expansion to support AI workloads, while Gemini Omni 1.2 Flash’s aggressive video pricing could pressure competitors and strengthen Google Cloud’s market position, though execution and ROI on such heavy capex remain key. Risk warning: Elevated capital spending may weigh on near-term margins, and the rapid deterioration in overall market sentiment could limit upside if macro risk aversion continues.
Trading Highlights
High correlation – Bearish positioning pressure: Option flow is dominated by unusually large put volume and heavy deep in-the-money put trades, signaling strong downside hedging or bearish sentiment.
Medium correlation – Short-term stabilization potential: KDJ/RSI are at or near oversold levels and beginning to turn up, while MACD is still below zero but its negative momentum is narrowing, suggesting a possible technical rebound rather than a confirmed trend reversal.
Medium correlation – Capital inflow support: Five consecutive days of positive money flow, especially the large inflow on 2026-11-04, indicates buying interest that may cushion downside, though it has not offset the bearish option skew.
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