[wlug] Google Does Badly

Kind of fun to read this report <https://www.aljazeera.com/ajimpact/alphabet-shares-fall-google-misses-sales-200203222605472.html>, saying Google’s parent company Alphabet had its “worst fourth-quarter revenue growth since 2015”. Then you look at the numbers, showing ad revenue was up about 17% year-on-year, and while costs also went up: That left profit of $10.67bn, or $15.35 per share, compared with the analysts' average estimate of $8.787bn, or $12.53 per share. That’s right, Google was substantially *more* profitable than analysts were expecting. And yet its share price still apparently fell 3% after the news came out. That’s Wall Street for you...