longlive100
07-24

$Alphabet(GOOG)$ About the earning calls, nothing was bad news, only good news!

The verdict was there are going to be similar increases to every aspect financially as the current quarter, but it will be compared to the same quarter the previous year, not quarter to quarter.

Quarters a cyclical is what they stated[Cool][Cool][Cool]

Alphabet's Ad Revenue Misses: A Bottom Chance?
Alphabet Inc. reported Q2 revenue of $71.36 billion, surpassing the $70.7 billion analyst estimate, driven by cloud services and search engine ads. Net income was $1.89 per share, beating the $1.84 estimate. But the company reported a slowdown in advertising sales growth in the second quarter, triggering an after-hours selloff of its shares of about 1.5%. ---------------- How will Alphabet's ad misses imply for other companies? Like Meta and Snap? What's your target price for Alphabet? Is it a good bottom chance as the company beats the most indicators?
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