NASDAQ -350 CRASH🔴 Google -13% CRASH ( Ai ने डूबा दिया )🔴 US GDP DATA🔴Stock Market India Impact SMKC

Stock Market का Commando • 2 days ago

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What This Video Is About

This video discusses the recent US GDP data and its impact on the market, as well as Google's earnings report and the reasons behind its decline.

Major Ideas Discussed

  • The US GDP data showed a 3.4% growth rate, higher than the expected 3.2%, indicating a positive sign for the US economy.
  • Despite the positive GDP data, the US market, particularly the Nasdaq, declined due to negative news from Google.
  • Google's earnings report was disappointing, with revenue and adjusted EPS missing expectations, due to heavy spending on AI and declining search growth.
  • The main reasons for Google's decline are AI-related spending and decline in search growth, affecting its profitability.
  • Key statistics from Google's earnings report include revenue of $127.58 billion, adjusted EPS of $2.67, operating income of $40 billion, and a net income of $26.17 billion.

What to Watch Next

The video suggests monitoring the US market's reaction to future GDP data releases and Google's progress in AI development, as well as the overall impact of AI on the tech industry.