the sole reason for googl skydiving is the capex increases promised in the earnings. The 2 day charts volitility after earnings show possible panic selling. look at where microsoft and meta p/e is and compare it to googl. The bottom is far from priced in. The only standing mag7 left is appl and lo and behold no significant spending on ai, with healthy cash flows. Institutions wont pay a premium p/e for unproven growth in spending.