$GOOG/$GOOGL Big Beat/20 for 1 Split

https://www.cnbc.com/2022/02/01/alphabet-googl-q4-2021-earni…

Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. The shares popped more than 6% in extended trading.

The company also announced a 20-for-1 stock split that will go into effect in July.

Here are the key numbers:

Earnings per share (EPS): $30.69 vs $27.34 expected, according to Refinitiv

Revenue: $75.33 billion vs $72.17 billion expected, according to Refinitiv

YouTube advertising revenue: $8.63 billion vs. $8.87 billion expected, according to StreetAccount

Google Cloud revenue: $5.54 billion vs $5.47 billion expected, according to StreetAccount

Traffic acquisition costs (TAC): $13.43 billion vs. $12.84 billion expected, according to StreetAccount

Charts. The weekly chart is impressive as the trendline never broke down during the recent correction:

https://twitter.com/peregreine/status/1488630047506317313