Alphabet Stock: What's the Real Price Today?
Alright, so Larry Page is supposedly the second richest guy in the world now, huh? Right behind Elon "Twitter is My Playground" Musk. Give me a break. I'm sure my landlord is also sitting on a cool quarter of a trillion, right next to the unicorn he keeps telling me about.
Shares of Alphabet – you know, Google's parent company, the one that's probably tracking my every move right now – are up like 70% this year. Seventy freaking percent! I wish my bank account was up 70%. More like down 70% after rent. They say it's because Meta (aka Facebook, aka the place where your grandma shares conspiracy theories) might be using Google's AI chips. Meta, the company that’s trying to build a Metaverse no one asked for, is relying on Google's AI? Is that the best we got?
The Rich Get Richer, and We Get...What?
So, Page's net worth jumped by $8.7 billion in one day. I made, like, $200. Before taxes. I'm all for innovation and whatnot, but does anyone else see the problem here? The guy could literally solve world hunger, fund renewable energy for the next century, and still have enough left over to buy a small country. But will he? Well...
The article says Alphabet is close to a $4 trillion market cap. Trillion! With a "T"! Meanwhile, I'm clipping coupons and trying to decide if I really need that avocado toast. Something ain't right, and I'm not talking about my posture from hunching over my laptop trying to make rent.
And what’s with this "flying car failure" they mentioned? So Larry Page had a flying car dream that crashed and burned. Figures. Rich guys always have some ridiculous vanity project they pour money into while the rest of us are stuck in traffic. I mean, sure, flying cars would be cool and all, but I'm betting they'd be priced for the 0.001% anyway.
Price to Earnings? More Like Price to Delusion
Then there's the whole P/E ratio thing. Alphabet's is apparently better than the "Interactive Media & Services industry" average. Which basically means investors think Google will keep printing money. Of course they do. They control the flow of information, ads, and cat videos. What could possibly go wrong?
I’m seeing the alphabet stock price today continued to climb. I guess people are really buying into the hype.
But here's the thing: P/E ratios are just numbers. They don't tell you about the company's ethics, its impact on society, or whether its employees are treated like actual humans. It's all just a big game of speculation, and the house always wins.
The $4 Trillion Question
So, what does all this mean? Alphabet is raking in cash, Larry Page is swimming in it, and the rest of us are just trying to keep our heads above water. The system is working exactly as it was designed to, offcourse.
Maybe I'm just jealous. Maybe I'm just a bitter cynic. But I can't shake the feeling that something is deeply, fundamentally wrong. We're celebrating wealth accumulation on a scale that's obscene while ignoring the real problems facing humanity. Are we really gonna keep playing this game?