$Alphabet(GOOG)$ I think if you're paying attention, Anthropic and Google are going to disrupt many areas. Anthropic for enterprises and Google for consumers. Google is only just getting started.
China's continued desire for the H200 tends to indicate $NVIDIA(NVDA)$ 's standing against their best chips. The additional revenue is merely cream on top.
$Alphabet(GOOG)$ I do not understand why investing in the future is perceived negatively. AI represents the future regardless of preference. Analysts focus on investment returns, but consider the consequences if $Alphabet(GOOGL)$ does not invest and falls behind competitors.