Appreciating the Significance of Alphabet
In this episode of Our Website's Money podcast, host Mary Long and analyst Dave Meier dive into earnings reports for tech giants Alphabet and Palantir.
They first discuss Alphabet's earnings, focusing on Cloud revenue growth that fell short of expectations but still saw 30% growth to $12 billion. David Meier points out that while the miss isn't ideal, it's a smaller issue in the context of a rapidly growing market with high expectations. He also highlights the company's healthy earnings from YouTube, considering the platform's dominance in streaming TV.
Next, they shift their attention to Palantir Technology, discussing its soaring stock price based on investors' expectations. Meier explains that while Palantir provides valuable data analysis and AI services, its hefty stock valuation is something for cautious investors to consider.
After a brief discussion about PR firms and their impact on public opinion, Ricky Mulvey and novelist Jordan Harper delve into the world of crisis PR. Harper shares how writing about this topic inspired his book, Everybody Knows, which explores how powerful individuals use PR tactics to shape the narrative and manage potentially damaging information.
Throughout the conversation, listeners are reminded to consider multiple perspectives and look beyond the headlines in order to make informed decisions in investing and media consumption.
- Despite Alphabet's Cloud revenue growth falling short of expectations, David Meier believes the issue is less significant in the context of a rapidly growing market and high investor expectations, offering potential benefits for those who choose to invest.
- Dave Meier cautions that while Palantir provides valuable data analysis and AI services, its hefty stock valuation might be a cause for uncertainty for cautious investors looking to invest in technology companies.
- In the our Money podcast's latest episode, Mary Long and Dave Meier emphasize the importance of considering multiple perspectives and looking beyond the headlines when making decisions in finance and media consumption, as they discuss earnings reports for Alphabet and Palantir.
- listening to the Our Website's Money podcast, investors can gain insights from experts like analyst Dave Meier, who shares his thoughts on tech giants' earnings reports and the potential benefits and uncertainties associated with investing in these companies.
