$GOOG 251031 290 Call(GOOG251031C290000.US)20251030

Key risk points to watch today:

1. Volatility after gap-up opening: As the price has already risen significantly in pre-market, it may gap up at the opening. Watch for potential volatility as some investors may take profits after the opening.

2. Margin pressure: Analysts point out that the company's operating margin is slightly below expectations, mainly due to declining margins in Google Services and one-time fines. Whether the market will continue to focus on this issue remains to be seen.

In summary, driven by exceptionally strong performance, especially the outstanding results in cloud business, Alphabet's stock is highly likely to gap up today and maintain its strength. The market focus has shifted from concerns to expectations for future growth, particularly in AI.

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