this post was submitted on 14 Oct 2023
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https://www.macrotrends.net/stocks/charts/GOOG/alphabet/gross-profit
Huh, they seemingly have money to not fuck our eyes without lube for ads, but I guess they somehow just don't have enough money, 156 billion dollars is really nothing after all. Probably more money in between my couch cushions. Such a small indie company that has to struggle to remain afloat, like an Etsy store.
This phenomenon is normally created by a bunch of mid level people without many stock options trying to get promotions. They need the big arrow to go up to get a good raise, be recognized, etc in their individual business units.
The people pushing things to go up are typically not motivated by the gross number as much as they are making their boss happy enough to pay them more. That's why the change is all that matters.