>>514766360
t. clueless brainlet who thinks earnings = profit.
Google isn't the only company investing into this dipshit, there's a plethora of publicly traded companies whose stock rose sharply after announcements of their big beautiful LLM projects.
It doesn't matter how much a company is making every day if they announce something along the lines of
>lol we wasted all investment money on something that will never make any returns xd
This results in people losing faith in the company and those like it panic selling their stock to recover some semblance of money causing a knock on effect and tanking the stock market.
>b-but alphabet makes 100bil in profit a year!!!
Investors are irrational and don't care, they hear the thing they've been burning money on is a sham and they want out.
Look at Tesla, it's currently valued at more than every other automaker in the world combined despite producing only 2% of the vehicles driven in the USA purely through Musk being a hypeman and selling people dreams about the future, do you think the stock market is rational and that Tesla is currently generating insane value for their shareholders to warrant that?