Got hit again, the market expectations were way too high! There were plenty of highlights in GOOG's earnings report, like the cloud business smashing expectations with an 82% surge, and cloud backlog orders reaching a whopping $514 billion. EPS came in at 9.11, also beating expectations. As shown in the second image, all the data looks great! But the stock still dropped 3% after hours. There are two issues: one is capital expenditure—Google raised its full-year capex guidance to $195-205 billion, exceeding the previous $180-190 billion range. The other issue is free cash flow, which turned negative for the first time in nearly 10 years, recording -$5.855 billion! Got stuck in the short term. Betting on earnings this quarter seems to have more losses than gains (Dell was decent yesterday though). Holding onto Google for the long term—trust Buffett’s vision!