Google's Earnings and Alphabet's Stock
Google's parent company, Alphabet Inc., reported earnings that exceeded expectations. However, the impact of these earnings on the company's stock remains uncertain. Analysts are questioning whether investors are focusing enough on the fundamentals of the company, as the stock market is currently driven more by headlines. While Alphabet's shares saw a 2% increase, it is unclear if this growth is sustainable. The company's earnings beat on key metrics, including a 12% revenue growth and strong YouTube revenue. The earnings call did not provide a clear indication of how the Google empire will perform in the future.