Mkoh
04-29 11:45
Even with EPS/revenue beats (common for Alphabet), the stock often drops or stays flat (~-8% or flat in recent cases). Investors weigh heavy AI/cloud capex (hurting near-term free cash flow and margins) against growth, plus forward guidance on ad/search strength.

The market prices in high expectations; "good but not good enough" news sells off. Q1 2026 results (due today after close) will likely follow this pattern.

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