Trader says Google’s AI capex is being punished despite high ROIC
JOBhakdi · x · 2026-07-23
$TSLA and $GOOG were hit hard, but the poster argues the market is misreading the AI capex story.
- Tesla is weaker mainly because the Robotaxi catalyst looks distant.
- Google is being punished for capex, but the writer says compute spending has high ROIC and should show up quickly in earnings.
- Their core view: the only bearish case is if you don’t believe the AI investment thesis and think you know more than the ops and finance teams at GOOG, AMZN, META, and SPCX.
Related event: Tech Giants' AI Capex Triggers Market Selloff(7 posts)→
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