Bloomberg Markets and Finance
30 Oct 2026, 11:46 UTC · 1h ago
Tech Selloff Intensifies on Earnings; Binance Estimates $6.3B Hacked
Impact · against what's priced in
The tech selloff is a non-event for GOOGL as the current price already incorporates maximum macro uncertainty and refuses to pay for growth premiums. The news merely confirms a bear-case environment that the market has already baked into the valuation.
- GOOGL−0.05
Already priced in
- The price assumes
Higher discount rates and macro uncertainty
The intensification of the tech selloff aligns with the macro uncertainty and higher discount rates already baked into the current share price.
What GOOGL's price assumes · Sep 2
