Alphabet (GOOGL.US) rose 1.34% pre-earnings but fell after-hours; despite cloud revenue doubling, free cash flow turned …
Alphabet (GOOGL.US) rose 1.34% pre-earnings but fell after-hours; despite cloud revenue doubling, free cash flow turned negative, triggering a late-session plunge of over 10%. While revenue grew, EPS and gross margin both significantly missed estimates.
I believe Alphabet's overall structure remains healthy and stable, so we can adjust our positions without panic.
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