Source: YCharts
Introduction
What an exciting time it is to be an Alphabet (GOOG) (GOOGL) investor. Between threats of regulation that would, from my perspective, disproportionately harm small and medium-sized business owners (and the U.S. economy) and the long-awaited unveiling of YouTube's revenues and margins, there's never a dull moment for owners of this leviathan of tech.
Despite relatively stellar results in the last quarter, with the ever lambasted TAC holding firm at 22.3%, Wall Street found a reason to sell off Alphabet, as they are wont to do.