Google's Stock Soars: What's Driving the Hype and Who's Buying?

Here We Go Again: Google's AI Savior Complex

So, Google's stock is hitting all-time highs because… Gemini 3? Give me a break. It's the same old song and dance. New AI model, inflated promises, stock price goes brrr. We've seen this playbook a million times, especially with nvda stock and the rest of the AI hype train. Are we really falling for it again?

Sundar Pichai's gushing about "staggering scale" and "snippet of the impact." Right. Let's translate: "We're throwing billions at AI, desperately trying to justify our existence beyond search, and praying something sticks." The numbers he throws out—2 billion monthly users of AI Overviews, 650 million on the Gemini app—sound impressive until you realize that's monthly. How many of those are actually engaged, actually getting value, and not just poking around out of curiosity? And 70% of cloud customers using AI services? Well, offcourse they are, it's being shoved down their throats!

Alphabet's always been good at one thing: making boatloads of cash from search ads. But that doesn't make them AI geniuses. They have a mountain of cash, sure, like Russo says. So did Scrooge McDuck. Doesn't mean he was an innovator. And this "capacity to suffer" thing Russo praises? Sounds like a euphemism for "we can afford to burn money on moonshots that'll probably fail."

The Debt Bomb Is the Real Threat

Tom Russo's got a point, though. This AI mania is a distraction. The real boogeyman isn't whether Gemini 3 is better than GPT-5 or whatever. It's the US debt. $38 trillion and climbing? That's not just a number; it's a ticking time bomb. All this focus on whether aapl stock or msft stock will lead the next tech surge is missing the bigger picture. If the dollar tanks, who cares about AI-powered cat filters?

And Russo's right to call out the threat to the dollar's reserve currency status. “Those who hold our claims have interests that go far beyond just lending to the US, but really supplanting it,” he said. Ouch. That's not just financial disruption; that's a potential geopolitical earthquake. Are we really prepared for a world where the US isn't calling the shots? Where amzn stock and tsla stock become secondary to… well, whatever currency does end up on top? According to Russo, Alphabet's AI endeavors may be overshadowing a more significant economic concern: the stability of the US dollar Buffett's Alphabet Wager a Winner, Bigger Worry Than AI Crash: Russo.

Google's Fading Glory

The problem with Google—or Alphabet, whatever they're calling themselves this week—is that they're trying to be everything to everyone. Search, AI, self-driving cars, quantum computing… It's like they have a bad case of corporate ADHD. Maybe if they focused on fixing their core product—you know, the one that actually makes money—instead of chasing every shiny new object, they wouldn't be in this mess.

Then again, maybe I'm just an old Luddite yelling at clouds. Maybe Gemini 3 will usher in a new era of AI dominance for Google. Maybe the US debt won't trigger a global financial meltdown. But let's be real, people. Occam's razor suggests the simplest explanation is usually the right one: Google's riding the AI hype train to keep its stock price afloat, and the real problems are being ignored.

Just Another Day at the Circus