Alphabet is Even Further Misunderstood Following Earnings and I'm Loading Up

Impact · against what's priced in

Alphabet's massive cloud growth provides a potential catalyst as it directly supports the growth rates the market previously refused to pay for, though this is partially offset by a surprising shift to negative free cash flow. Microsoft and Amazon see neutral to slightly negative impacts as Alphabet's outperformance in cloud growth highlights a valuation gap without fundamentally changing their own operational assumptions.

GOOGL+0.60

Challenges what's priced in

The price assumes