The Nasdaq is still in the red for the year after a recent pullback, but a few tech stocks are looking interesting on the dip. Alphabet (GOOG) sold off harder than the index on AI fears, but Cloud revenue was up 48% last quarter. Integrating Gemini into search actually increased traffic and query length. Waymo and Quantum AI could also add to revenue down the road. MercadoLibre (MELI) is down 30% from its summer peak. The drop is mostly tied to shrinking margins and fuel price uncertainty. It has a forward P/E of 28.5, but the company is spending heavily on growth. Nvidia (NVDA) dipped recently on AI fatigue. They are getting ready to ship their new Rubin chips, which have much lower inference costs compared to Blackwell. They also got approval to sell H200 chips in China and are restarting manufacturing. Their PEG ratio is currently sitting at 0.71.