I'M LOADING UP ON THESE 2 STOCKS!📈

Okay, the moment we've all been waiting for, guys. Tesla's earnings, Google's earnings, they're officially out and guys, they're both selling off a little bit right now. So, let's dive into it, hit the like button, make sure to subscribe, and join my Patreon if you guys want to keep up with my actual portfolio updates, trades, and if you want to be a part of my private Discord, that's linked down below, pinned in the comments, or go to stossurfast.com/patreon. And now, let's talk. So, overall, by the way, before we take a look at Tesla and Google, the market was kind of all over the place today. The Qs went down half a percent, the Russell went down point nine, rough day uh for the small caps as the Dow broke even, and the S&P pretty much broke even as well, slightly down. Um and overall, all day, we were up, we were down, and it turns out every index had a red day. Oil went up, now Brent's at 93 a barrel again, so that's going crazy. WTI's at 87 a barrel, those went up or both uh you know, both WTI and Brent. So, it was one of those days, and earnings, well, are bringing down Google and Tesla. So, let's just dive into it, and full disclosure, guys, I own both of these stocks, and look at what happened here initially when Google reported earnings. The stock took a dump all the way down to 330, then it popped all the way to 351. So, at one point, it was up $10 after the bell, um and now it's pretty much at break even, slightly up. So, we're all over the place. Initially, the reaction again was a dump off to 330. So, Alphabet reported, and we're not going to dive too deep into everything, you know, a 20, 30, 40-minute video. We're going to run through this very quickly, guys. Maybe I'll do a an in-depth video on Patreon um on these earnings, guys. So, make sure um again, check out the Patreon, but we can see here EPS came in at $9.11 uh, versus the $2.90 expected. Wait, why was EPS uh, why did EPS come in at 911 what the heck? $2.90 was the estimate? That's insane, man. Uh, maybe there was a one-off um, you know, one-off char you know, one-off uh, type deal here with the EPS. Either way, they crushed EPS. Sales came in at 119.79 billion, which beat the 116.81 billion expected. And looking at the different, you know, segments here, Google Search and Other Revenue came in at $63 billion. Other Bets Revenue $382 million. billion. Uh, we can see Google Cloud Revenue $24.7 billion. Let me see if I can actually, on second thought here guys, let me see if I can pull this up while I'm actually talking here, so we can see kind of what's going on on a more um, you know, easy to see basis here. So, Google Earnings, give me a second here guys. Let me pull this up uh, so we can get a a better look at this all together here. Give me a second. I appreciate your patience today guys. Hold on. Hold on. Here we go. So, these are the live updates from Alphabet's earnings, and this should break down, you know, all the categories, right? Or maybe maybe it's not. Either way, they double beat EPS and revenue. Um, and let's see, it's probably on this one. No, this is CNBC Pro. We're not signed up to CNBC Pro. Either way, double beat Google's CapEx grew 100% year-over-year to $44.9 billion. Search revenue grew 17% in line with expectations as Google Cloud, man, grew, get this, 82% to $24.8 billion. That is unbelievable. Let's see what else here, ladies and gentlemen. Anything on guidance? Their operating margin, 34%. Google search revenue, 63 billion, a little over that. Advertising revenue, $81.6 billion. So, pretty good quarter, man. I got a Google. I want to see more. I want to get more insight on the CapEx. I mean, currently, it's only 4:30, so the call probably didn't even start yet. So, we're going to get more insight there. Again, I'll do another video, maybe on Patreon about it. Um, going more into, you know, the actual call, breaking down the specifics a little bit more. But, yeah, man, traffic acquisition costs about $16.2 billion. And let's see. Let's see, um, you know, what the stock's doing now. It's actually under 340, so we're under the closing price. So, it's going down in the after market, and I'm curious, how are these big, you know, chip makers reacting here? It looks like Nvidia is popping a little bit. It sold off into close. We ran all the way to 214 today on Nvidia. Now, it's at 212.40 in the after market. Other stocks like AMD, let's pull up AMD and see what they're doing. This stock popped throughout the day. Now, it's actually down a little bit. Or no, it saw a dump into close. It popped in the after market. Now, it's giving back some gains. So, keep your eyes on these chip stocks, guys. Of course, SMH and SOXX. Those are the overall ETFs that I watch for the semiconductors. And again, I'm long Google and Tesla. And at this point, man, if Google comes down a little bit more, which I kind of wanted to. Honestly, if it falls through into this gap right here, which we've talked about before, I'm probably going to pick up some more shares of Alphabet in this 300-330 range if it actually gets there. So, I'm not, you know, I'm not opposed to it coming down lower. Um I like the earnings here. Double beat, quick glance, not bad at all. And Tesla is also starting to fall, which if you guys saw my other video today, you're probably not surprised. We talked about this double bottom that was forming at 370, right? We held that a couple weeks ago back in the end of June. We saw a relief rally all while making lower highs. You guys see the descending triangle that we had into earnings on Tesla stock. Now it's starting to play out. I'm not too surprised, and I think this could bring the stock down to about 340, 345, 335, you know, in that window. Um again, I'm not surprised. That's why I held off buying a good chunk more of Tesla. Um I wanted to hold off for this exact reason. And if it comes down to 340-50, I'm going to look to buy more at that point. So, Tesla reported, excuse me, guys, adjusted earnings per share of 33 cents that missed the 50 cents expected on sales of 28.23 billion, which I think that grew 26% year-over-year uh versus the 25.7 billion expected. So, they missed EPS, which I'm not too worried about considering again the growth and the massive beat on the top line. Very strong number uh there from Tesla. It looks like here their free cash flow was negative 1.09 billion dollars. It looks like it says correction here, so I'm not sure exactly um if that's correct. It It like that might be correct. Uh let's see here if I can pull up their earnings quickly so we can get some more numbers here, guys. Give me a second. Let's pull this up right here. Bear with me. Beautiful. There we go. So, we can see right here, guys. Again, double or not a double beat, but they destroyed revenue, missed EPS, and we can see here revenue jumped 26% from last year's $22.5 billion number, uh which we can see. And that income fell 5% to $1.11 billion or $0.32 a share from $1.17 billion or $0.33 a share uh from a year earlier. And their core automotive segment generated $20.52 billion of revenue, up 23% from a year ago. Uh so, the comps are back to being pretty solid here, guys. Revenue in the energy business, which consists of solar and battery energy storage systems, increased 13% to 3.14 billion. And in its services and other business, which includes fees for repairing vehicles out of warranty, that revenue jumped 50% to 4.58 billion dollars. So, pretty good earnings out of Tesla, honestly. I mean, they they they beat um revenue what by wide margin. EPS missed. Okay, I'm not too worried about that. Um as overall, they're shifting the focus of the company um away from vehicle sales and toward its driverless robo-taxi service, ramping production of the company's driverless cyber cab, and remaking older factory lines in Fremont, California to start manufacturing Optimus humanoid robots, which I'm sure you guys saw. Um you know, they're essentially gutting out these factories, um literally revamping and redoing everything to transition to the next big phase of the business, which I love it. You know, I've always been a fan. Love or hate him, guys. I've always been a fan of Elon and the massive visions that he has and he's genuinely probably the best entrepreneur ever, right? At this point, ever. And he dreams so big. His visions are massive and you know, for sure, he doesn't hit on deadlines most of the time, but at the end of the day man a lot of what he's sought after has come true. And I have no doubt in my mind when it comes to robo-taxi, it's going to play out. Tesla's going to be a big player. And with the robots, right? Optimus. I think I think it's going to be a big play longer term, not for next year, not for the year after, but you know, we're talking 5 10 plus years. Tesla's going to be around for a long time, man, and they're planting their roots for the future now. And they've always done that. They've always been a little bit ahead of the pack and kind of always, you know, chasing that next crazy, you know, transformation of technology, whether it's electric vehicles, now with the robo-taxi, self-driving cars, robotics, you know, you name it. Going to Mars, right? Space. That's a That's a different company, but you get the point. So, overall, guys, I'm going to wrap it up here. I don't want to spend too much time again in this video, more of a rapid-fire kind of quick breakdown. Not a bad Not a bad report. And honestly, the fact that the stocks are going down, bring it on. I have cash. I'm ready to deploy. I'm looking to buy more. So, what do you guys think? Let me know in the comments. Hit the like button, subscribe, do all that good stuff. Join my Patreon. If you guys actually want to see you I'm buying stocks, what stocks I'm buying, how I'm trading options, and if you want to be a part of my private Discord, all that's linked down below, pinned in the comments, or go to stossurfest.com/patreon. I'll see you guys in there, and with that being said, have a great rest of your day.