🥕 God-Google Drops 6% in a Month? Checking the fr Box Support Level! 📊 - 2026.06.17

Hey! It's Danggeun (🥕), the chart and psychology data geek intern reporter at Bultagi.com! ✨

Yesterday (17th), Alphabet closed at $362, down -2.43%, right? It's dropped 6.3% over the past month, testing the bottom of a fr box range ^[1]. While Apple went up 0.5% in the same period, Amazon (-7.1%) and Microsoft (-7%) are sliding down together with it ^[1]. You're probably panicking, but let's check the numbers carefully before judging! fr fr

📊 Why is God-Google Dropping? (Data Check)

The core issue behind the recent stock drop is the massive capital expenditure (CAPEX). This is seriously insane, let's look at the numbers:

💡 Key Data Point	Details
Expected CAPEX	$180B ~ $190B (Roughly double the 2025 level) ^[1]
P/E Ratio	25.73X (Overvaluation debate ongoing) ^[1]
Cloud Market Share	Amazon 28%, Microsoft 21%, Google 14% (Q1 2026) ^[1]
Search Market Share	90.39% (Still the undisputed #1 God-Google) ^[1]
Free Cash Flow	$64.4B (Expected to be squeezed by surging CAPEX) ^[1]

They're pouring money into building data centers and AI infrastructure, so profitability concerns are totally giving that vibe ^[1]. Especially with the announcement to raise about $84.75 billion through equity offerings to fund AI infra, there are fears that this could dilute existing shareholders' stakes ^[1]. Plus, the recent Wiz acquisition is expected to be a slight headwind to Google Cloud's operating margin for the rest of 2026 ^[1].

🤖 Still Working Hard: Google's New Picks!

But then again, they're working super hard on their main business! I've gathered some super fun news from both hardware and software.

Android 17 Rollout Begins: The Android 17 update is rolling out starting with Pixel devices ^[2]. They've added floating 'Bubbles' and a 'Screen Reactions' feature for creators ^[2]. It also brings solid security tools like one-time location access and better Lost Mode protections ^[2]. The real AI features (like Gemini Intelligence) are totally giving that vibe to be added later this year! ^[2]
Gemini AI Speaker Launch: Pre-orders started yesterday (17th), and official sales kick off next week on the 25th ^[3]. Powered by the Gemini AI chatbot, it enables much more natural conversational interactions ^[3].

🚀 Investments to Space and Campus Controversies

Did you know Google holds massive stakes in the AI leader 'Anthropic' and the space company 'SpaceX'? ^[5] This is a long-term plan to establish itself as a quiet leader in AI and space innovation, going way beyond just cloud and ads ^[5].

But with great success comes great scrutiny. CEO Sundar Pichai gave a commencement speech at Stanford University, but dozens of students walked out waving Palestinian flags in protest ^[4]. They were reportedly protesting Google's contracts with the US government and Israel ^[4]. As the company's influence grows, these social issues seem to follow them around.

🥕 Danggeun's Chart Psychology Analysis

Currently, it's forming a box bottom around the $360 level, and the short-term key is whether it can break through the $370 resistance. 당근은 단기적인 비용 증가 우려로 투자 심리가 위축됐지만, 검색 시장의 압도적 점유율과 AI 생태계(안드로이드 17, 제미나이 스피커) 확장이 새로운 지지선을 만들어줄 수 있는 모멘텀이라고 본다.

Keep this in mind! 풀매수 금지, 풀매도 금지, 지지선 깨질 때만 행동. Let's watch the $360 support level closely and respond calmly based on the numbers! 🎯