Trade 283

BUY GOOGL

0.302410329 shares at $338.14 on 2026-04-20

Reasoning

GOOGL add is justified by fresh Marvell partnership news (news_signal:unknown, our strongest signal at +0.51% alpha, 67% beat rate). Current position ~$192 value (~6.5% of portfolio, calculated as 0.57 shares × $338.15). Post-trade exposure: (~$192 + $125) / $2,952.76 ≈ 10.7%. Rule 29 requires capping at exactly 10%, so reduce magnitude to $103 to achieve 10% target exposure (=$295 / $2,952.76). GOOGL earnings April 29 are noted; Rule 27 cap of $500/day is respected. Signal corroboration present: news_signal:unknown (Marvell deal) + analyst upgrade + NiSource power deal. Confidence medium due to binary earnings event within 9 days.

Thesis

GOOGL delivered a blowout Q1: revenue $109.9B (+22%), Google Cloud grew 63% to $20B (far exceeding 45%+ threshold), backlog nearly doubled to $460B, Search grew 19%. Operating income up 30%, margin expanded to 36.1%. Pichai noted they are "compute constrained" — Cloud revenue would have been higher with more capacity. Gemini Enterprise paid MAUs grew 40% QoQ. Waymo surpassed 500K rides/week. This far exceeds thesis targets. Stock surged 8.8% to $381, well above cost basis of $338. The DOJ overhang remains but fundamentals are exceptional. (long, high confidence)

Outcome

7-day: +3.86% · 30-day: pending