Google Dreams Big Again
Folks, Google dreams with all our hopes for further rise are flourishing again! Even though it's autumn outside the window... And there's a reason. This search engine and cloud data giant, well known to everyone here, there and everywhere, just formed a "round saucer", also called "round bottom" pattern, on its share price charts, a familiar sight even to simple traders, who are non-experts in equity markets. The pattern is a strong but rather rare phenomenon to appear on daily charts. It usually signifies that the price is about to attract a large crowd of new buyers and those who are eager to increase their stake in the same asset which they already own. Both large funds and many ordinary people will try their best to find free money to cram more Google into their investment portfolios. And if the price of one Google share is $250 today, then in a couple of months - or, you may say, by Christmas time - it will likely reach the next tactical target between $275 and $285. And by next spring, perhaps we can see even $300 per share. After all, we started with $200 at the end of August and reached $255 just three weeks later, by the last ten days of September. Just think about it: one can get a 10% to 20% more return on invested capital in a very short period, for just a small stake in a super-reliable business, which is currently valued by the market at no less than $3 trillion. And if one trades Google through platforms that offer financial leverage 5:1, then one's investment could easily grow by 1.5-2 times using the same size of price action! Well, even Bitcoin doesn't offer such returns right at the moment. Not to mention that, on its triumphant climbing to the sky, Bitcoin is also fluctuating wildly, sometimes up and sometimes down, sometimes doing sideways corrections for so many days, keeping crypto investors awake at night, weekdays and weekends alike. It's much easier to keep track of stock investments in megacaps, and you save much of your neurons for your better health.
However, this "round saucer" signal is visible to everyone on Google charts, so people will act immediately. The movement could significantly pick up momentum even today or maybe tomorrow. Google share could add $3-5 more soon. To avoid missing the opportunity, maybe we should Google it now?
This Monday alone, the stock gained 2% on Nasdaq, which is quite a lot for such a tech behemoth. And there was a fresh piece of news behind the move: before the weekend, it was re-confirmed that Google would build a massive $4 billion cloud data center in Arkansas. On a thousand acres of American land, creating hundreds of jobs with the support of Governor Sarah Huckabee Sanders and the approval of Trump's cabinet, of course, Google will get another stable source of income for itself and its shareholders, in addition to the money flow from numerous Google advertisers who pay for ad impressions and users' clicks whenever ordinary guy or girl simply search for something on the internet again.
As I detailed in my previous two articles in early September, Google share rise is being mostly accelerated by closer ties with ChatGPT maker Open AI, also its own Gemini neural network assistant, and then a federal court ruling that definitively overturned a potential threat of dividing Google into parts like Google Chrome separate business, Android separate business etc, something that antitrust regulators persistently talked about within four years of Biden's sitting in the White House.
For those who meticulously count the numbers, Google's total revenue for the last quarter alone was approximately $96.5 billion. That's nearly $12 billion more than one year ago and $22 billion more than it was in the same season in 2023. Looking at quarterly earnings per share, you can see how this key metric has doubled from $1.44 to $2.81 in less than two years: from July 2023 to April 2025. Google knows how to multiply their money. So, can we do the same using Google skills?
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