Google's latest earnings report was perfectly fine (October 2023)

Should you buy Google/Alphabet stock? I've started something new: https://www.3minutebreakdowns.com Google just reported earnings and the stock dropped 10% taking the company’s valuation down to 1.58 trillion dollars. But this was a perfectly fine earnings update from Google. In fact, quarterly revenue hit a new record of 77 billion dollars which was 11% higher than the year before. Net income was also up, by 7% on the previous quarter and the company generated almost 23 billion dollars of free cash flow. There was also strong growth in YouTube ads, up 12% and Google cloud, up 22%. That means Google has now reported almost 300 billion in revenue over the last 12 months, 67 billion of net income and 93 billion of EBITDA. And that means the stock is currently valued at 5 times revenue, 24 times earnings and 16 times EBITDA. #googlestock #investing #stockmarket #stockstobuy