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GOOGL Earnings Miss | YouTube revenue disappoints

Short
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
YouTube has more than 2bn monthly users.

YouTube revenues rose 14% to $6.9bn, below the $7.5bn expected by analysts.

YouTube revenue disappoints on growing TikTok competition concerns and Ukraine war which impacted YouTube ads.

GOOGL 23% increase in revenue in Q1 to $68bn, but below forecasts for $68.1bn.
In 2021, revenues increased 34%.

Considering the above, future growth is not so sure.

I expect a retracement to the $2100 level.




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