The analyst exited their position in GOOGL due to weak price action and expects Anthropic to do more business with MU instead of GOOGL TPU.
Cut loss on GOOGL due to weak price action relative to SPCX; speculation that Anthropic is shifting business from GOOGL TPU to MU.
Mag7 down alert. $Googl down 6%. I cut loss on googl last week. Just didnt feel good, weak price action relatively to $spcx. My guess: Anthropic is doing more business with $mu, and less so on $googl tpu. https://t.co/A7oZDMvqsM
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -13.2% | -11.7% |
| 1 week | -5.5% | -5.0% |
| 1 month | -20.8% | -21.2% |
| 3 months | — | — |
| 6 months | — | — |