🟢 Google is trading 3.01% up today as post-earnings selloff stabilizes

Google is trading 3.01% up at $329.36 as shares begin to stabilize following the sharp post-earnings selloff initiated on July 23.

• The move appears to be a technical rebound from the prior week’s weakness tied to AI spending concerns rather than a new company-specific catalyst.
• Alphabet’s recent earnings reaction was pressured by higher capex guidance and negative free cash flow, leading to a volatile trading environment.
• While broader tech markets remain mixed, the current bounce represents a partial recovery as the initial pressure from the earnings report eases.