Just starting thread on Alphabet class A/ Google. ER is 2/1. Have been testing puts for the bearish sentiment in market starting on 1/21. Paid well into Monday. However want to look at historic ER moves before and into and after Earnings. More to follow and welcome thoughts etc. cheers
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Wanted to highlight these extremely large and bearish flows from Unusual Whales:
Flows are trending overall bearish (about 78%).
From what I can see the biggest impact on GOOGL’s earnings here will be their cost of revenue, which has been going up for the past several years (and at an accelerated pace for the past 3 quarters). Earnings whispers show them beating estimates but the rising costs may not bode well for future growth.
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