Impressive Q2 results by Alpha

Impressive Q2 results by Alphabet, Kudos! Apart from usual Ad revenue/earning beats, cloud business has also shown steady progress. With further AI leadership, there is lot more to improve on Youtube business as well. I'll sure bet on Alphabet.

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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