Google engineer loses $47K in hours as GOOG drops 6.8% post-earnings on CapEx fears
SumitGup · x · 2026-10-29
A Google engineer shared a post-earnings postmortem after GOOG fell 6.84%, wiping $47,572 from his holdings in minutes. He attributes the selloff to three factors: CapEx anxiety (wall street now demands visible ROI, not just spending), Search valuation repricing (AI features burn real inference costs and may dilute high-margin search ads rather than add incremental revenue), and inflated expectations (no beat-and-raise meant profit-taking). His lesson: never tie human capital and financial capital to the same company.
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