Alphabet: The 30% Earnings Miss That Wasn't

What happened: Alphabet Inc. (GOOG) (GOOGL) fell over 10% following earnings, with EPS and Search growth disappointing and reigniting fears that AI chatbots are taking over Google's market. Why it matters: The article argues that most of the earnings miss came from other factors, though the content does not specify them. The author discloses a long position in GOOGL. Key numbers: Stock fell over 10% following earnings. Headline references a 30% earnings miss. Coverage: 3 outlets in 24h

Alphabet Inc. (GOOG) (GOOGL) fell over 10% following earnings, with EPS and Search growth disappointing and reigniting fears that AI chatbots are taking over Google's market.

The article argues that most of the earnings miss came from other factors, though the content does not specify them. The author discloses a long position in GOOGL. Key numbers: Stock fell over 10% following earnings. Headline references a 30% earnings miss.