Buy GOOGL by Sep 2, 2026.

# An $80 billion equity raise from a business that earns ~$130B a year and ~$174B in operating cash flow. The internet called it the top. We think it is one of the most strategic moves this company has ever made. Here is why. Start with the contradiction, because it is the entire hook. The companies that dilute shareholders to raise cash are supposed to be small, unprofitable, and starved of scale. This one is the opposite of all three. …