Alphabet (GOOGL) traded below its 200-day moving average by the widest margin in 17 months, while a weekly chart pattern points to $221, about 30% below the current price. AI spending concerns pushed shares near $317 ahead of Wednesday’s Q3 earnings, according to BeInCrypto. Twelve of 13 Visible Alpha analysts rate the stock a buy, with a $433 average target, 35% above Friday’s close. Analysts forecast Q3 revenue of $127.9 billion and Google Cloud sales of $29.15 billion; Alphabet’s 2026 capex guidance is $195 billion to $205 billion, while free cash flow turned negative for the first time since its 2004 IPO. Options traders price a move of about 6% either way by Friday.