$Alphabet(GOOG)$All key indicators are below expectations but investor expect worst hence stock is up after hours. Lower op margin and profit. YouTube 7.3 billion of profit vs 7.5billion expected. I don't think any obvious winning against competitors ie. Tiktok.
Total Ad revenue $56.3 billion is huge. Tough there is Automated Ad (performance max) has not seen real numbers to push the needle. Customers may like it but spending could be at a slower pace.
Revenue 13% increase YoY to $69.7 billion which is huge but slower growth compare to previous year growth rate. Conclusion is remains that stay in Big Tech which is cash rich - honestly I think there is limited space to the bottom but the potential trajectory is wider.
Those who bought before closing enjoy 4% return on rock solid company. [Cool]
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