Google Stock: what's really driving its recent surge

Alright, let's get one thing straight: "fair value" is the biggest load of corporate BS I've heard all week. And trust me, I hear a lot of corporate BS. Morningstar analysts patting themselves on the back for hiking valuations on tech stocks? Give me a break. See which stocks had the 10 Stocks with the Largest Fair Value Estimate Increases During Q3 Earnings.

The AI Hype Train: Still Rolling, Still Dumb

So, the S&P 500 "ripped higher," huh? Nasdaq had its "best day since May"? All thanks to Alphabet "reigniting the AI trade"? It's always AI this, AI that. As if slapping "AI" on something magically makes it worth billions. Western Digital and SanDisk are suddenly worth double because AI needs storage? Color me skeptical.

AI's "insatiable demand for storage capacity" is the new "the internet changes everything." Remember that? We were promised flying cars and instant enlightenment. Instead, we got cat videos and targeted ads. I'm calling it now: AI's gonna deliver the same disappointment, just with more robots.

Speaking of Alphabet, they inked some deal with Anthropic, and suddenly their "fair value" jumps to $340? A deal "worth tens of billions of dollars"? Show me the money, honey. I’ll believe it when I see it, and even then, I'll probably assume they're cooking the books.

And AMD? Supplying "artificial intelligence gear" to OpenAI for "tens of billions of dollars of annual incremental revenue"? They expect us to believe this nonsense, and honestly... maybe I'm just too jaded to see the "vision."

Cookie Monster's Revenge (or, Why I Hate the Internet)

While we're on the subject of tech overreach, can we talk about frickin' cookies for a second? NBCUniversal's cookie notice is a masterpiece of obfuscation. "Strictly Necessary Cookies," "Personalization Cookies," "Ad Selection and Delivery Cookies"... it's like they're deliberately trying to make my head explode.

They track everything. Everything. And they call it "enhancing the user experience." I call it digital stalking. And the worst part? They make it damn near impossible to opt out completely. You have to manage settings on every browser, every device... it's a full-time job! I'm pretty sure I spend more time managing my privacy settings than I do actually enjoying the internet.

It’s all about "interest-based advertising," which is code for "we want to sell your soul to the highest bidder." And if you reject these cookies, they have the audacity to say you might see "contextual advertising that may be less relevant to you." As if any of it is relevant! Give me a break.

Oh, and don't even get me started on "cross-device tracking." The idea that they can follow you from your phone to your smart TV is just… creepy.

Reddit's "Monetization Potential": Translation, More Ads

Reddit's fair value estimate also jumped, thanks to its "monetization potential." Translation: they're gonna cram more ads down our throats. The analyst crows about the "quality and breadth of ads" improving. Dude, ads are ads. They're annoying interruptions designed to manipulate you into buying crap you don't need.

I used to enjoy browsing Reddit. Now it's just a relentless barrage of sponsored content and targeted marketing. But hey, at least their IPO margin targets are being met, right?

Tech's Not Innovating, It's Just Inflating

Look, I get it. The market's gotta do what the market's gotta do. But let's be real: these "fair value" hikes are based on hype and speculation, not actual value. Tech companies are masters of creating illusions, of promising the moon while delivering... well, usually nothing much. It's like they're all just playing a giant game of hot potato, and the potato is a massively overvalued stock. I feel like I'm taking crazy pills!

So, What's the Real Story?

It's a house of cards built on buzzwords and empty promises. And when it all comes crashing down—and it will—don't say I didn't warn you. The only thing "fair" about any of this is how fairly we're all being fleeced.