GOOGL – TheStreetPro TSP Site

4 Things That Will Drive the Market From Here

With Big Tech earnings behind us, the setup for August is clearer. Here’s my strategy and the one stock I’m watching.

Chris Versace on July 31, 2026

It was a busy month for the Portfolio with multiple buys and price target changes, as well as some sizable profit-taking along the way.

Chris Versace on July 31, 2026

Let’s discuss expanding AWS revenue, backlog and margins, and prospects for further shopping share gains.

Four hyperscalers combined will spend $725 billion this year, but some are achieving better returns. The single AI trade era is over.

Amazon is up and Apple is down after their reports.

Chris Versace on July 30, 2026

Let’s connect more dots from rising AI and cloud revenue to our holdings.

The market’s response to the Microsoft-Meta earnings pair and Hynix-Samsung numbers gives a clear indication.

Doug Kass on July 30, 2026

Here are today’s things:

* I sold out the following longs:

($AMZN) $236.89

($GOOGL) $330.07

($MSFT) $450.31

($SNDK) $1156

* Added to ($MSOS) $4.04, ($TRLV) $8.02 and ($GTBIF) $6.92

Positions: Long MSOS VVL TRLV S GTBIF S

Doug Kass on July 30, 2026

I am out of longs in SNDK ($SNDK), AMZN ($AMZN), GOOGL ($GOOGL) and MSFT ($MSFT).

Positions: None.

Chris Versace on July 30, 2026

We’re leveraging the market’s pullback and insights from Samsung, Lam Research and Microsoft earnings.