Alphabet (GOOGL) Stock Falls After Cloud Revenue Misses

Alphabet (GOOGL) stock falls after 3Q cloud revenue falls short of estimates. Andrew Graham and Chris Wang discuss the takeaways from GOOGL’s earnings. Its adjusted EPS came in at $1.55 versus an estimated $1.45 and its revenue came in at $76.69B versus an estimated $75.81B. Andrew highlights that most of the miss came in the cloud deceleration, but the good news is overall revenue is growing faster than operating expenses. They then go over where GOOGL stand in the A.I. race. Chris mentions that short-form video is a key engagement growth driver for YouTube. Tune in to find out more about the stock market today.