Just a few days ago, Alphabet reported earnings per share (EPS) of USD 2.15 against the estimated USD 2.13, but its revenue failed at USD 96.47 billion against the expected USD 96.67 billion, a shortfall of just -0.21%. Yet, the market punished Alphabet harshly, making it drop almost 9% from around USD 206 to USD 188 overnight (and currently it went lower than that). Picture generated by Meta AI Following this, the media jumped on the bandwagon to add oil to the fire, using negative words and phrases such as “weaker-than-expected”, “revenue miss”, “disappoints”, etc. Reading such headlines naturally fuel the “flight in fear” instinct in us humans, and I would expect some investors to do the figurative “run for the hills”. However, looking deep into its books, there are some positives coming out from the numbers, like increasing free cash flow AND capital expenditure for the last 3 fiscal years. Placing these figures next to their increasing revenue over the same period, which grew from USD 282.836 billion...