Here are four things you need to know about the google and microsoft earning report report so i'm gonna mainly cover google but i'm gonna quickly talk about as well uh the reason microsoft is not gonna be on the top of my subject is it didn't actually begin to take off until its guidance call hitting overall highs of 268. One of the things that you must understand is that earning reports are very important right they're from the previous quarter. But one of the things that you should also be aware of is that sometimes there are guidance calls as you can see right microsoft. At one point was actually down leading up to this guidance call.

Where they actually explain what's to come for the up and coming chords. It's guidance call actually ends up sometimes being more of value and or tends to have more of an influence on the actual stock itself you can see that it really began to take off of whatever. It was that was said during this call very similar to the approach that google had but google was already bullish during our live session today. We actually captured the market's reaction of the reports being published.

We began to kind of trade sideways and then began to take off again overall right now trading at 110 dollars. A share. So let's go ahead and just jump right into it again. I hope that if you learned something new.

It's not too much to ask for you to consider dropping a thumbs up and of course subscribing to the channel. So the first thing that i want you to understand is that well let me go ahead and show you uh. This is google's second quarterly earnings. That is actually in the red and the reason that's so important is that uh google has actually done a really good job based off of previous quarters consistently showing growth quarter over quarter especially in 2021 with that being said we could see that their expected eps which is their earnings.

Per share was. 129 and they reported a 121. That is a miss of six. Percent their revenue was.

Barely missed they had an expectation of 6980. Billion they reported 6968 billion. So missed expectation when it comes down to revenue by a little bit over of 200 million dollars. That's a small miss for google in the grand scheme of things uh during its guidance call this is one thing that i definitely wanted to make sure that you guys were aware of is that their guidance for the up and coming future is as advertisers begin to spend less i mean google owns the two largest advertisement based companies or platforms in the world.

Google and youtube. And with that being said advertisers are beginning to spend less money and as we go into this sluggish kind of like economic recession where again not only is it more difficult to target people because of what apple has put in place as a restriction. But as we go into this recession. Obviously people are beginning to spend less money on growth and with that in place.

Obviously. Google has to plan ahead for maybe slower months. They haven't shared anything to my understanding about cutting their workforce and or completely slowing down in growth. But they at least gave that forecast that they should expect even slower months when it comes down to growth for the up and coming quarters uh.

The reason. I'm sharing with this uh sharing you with this is that although this earnings is not as good as what the market originally expected they're still in the green year over year. I think they're up a little bit over 12 or 13 percent year over year growth uh. When it comes down to their quarterly earnings of what they reported in their last quarter versus.

What they reported uh for q2 of 2022. Which is again somewhat still a step in the right direction and the last thing that i want you to understand about google is that how important it is for you to be aware the influence of earnings. I think this is going to be one of the most important things that we talk about in this video yes the market reacting to quarterly earnings has an effect or an influence on the stock it tends in the grand scheme of things be a very short lived either positive or negative catalyst. If it's not detrimental to the company and what i mean by that is that i mean google is still a world leader in advertisement like i said they run the two largest online platforms to run ads on i do not see google going anywhere anytime soon and if you look at the growth potential for those that are interested based off of all time highs.

And where we're at right now so right now we're actually trading at 110. That's extended hours. But i'm just going to use where they closed at today. Which is at 105 based off of previous highs.

It offers a 44 return imagine being able to make nearly 50 roi in one of the most valuable companies that's publicly traded today in the world's largest advertisement platform. Now it's not that google is going to continue that same continuous growth. That it's had in previous years or previous quarters. Obviously as a company gets bigger.

It gets more or becomes more challenging to continue to scale at that same rate. But one of the things that you need to ask yourself at least for our long term. Investors are what steps are you taking today that will benefit your future self and it's not about being perfect with your exact entry. But it's understanding the goal.

The goal that you're setting in place. What is your plan is your plan to try to make money for a couple of hours four or five percent due to earnings or are you someone that is more of a you know long term investor you're not here for the long haul. Same thing with microsoft right microsoft based off of previous all time highs. I mean microsoft was performing probably even better it was trading at 348 dollars a share if we look at where it's at right now based off of previous highs.

38. Also nearly down about 30 percent on the year. The same thing with google. I mean these are market leaders and what it is that they do i just i want it to be understood that yes for day traders.

It's great for those who want to get in and get out for a very short period of time earnings are good for that right. But i also don't want you to feel bad. If you're a long term investor in any of these big tech companies and you're down three or four percent on the day right because you must understand that you're not in it for just a couple of days that's not your intention your intention is you're in it for either a couple of years five ten maybe 20 years down the road. You still plan to invest into a company like google.

So therefore i want you to understand or at least take what these earning reports are as as what they actually present themselves to be they're either short lived positive or negative catalysts that do influence the market for a short period of time do not allow a day to determine the overall feeling you have or intent you have about your position in a specific stock and the reason. I say. This is i don't want any of you guys to get so emotional or get faked out of a position because of how it performs during earnings. Now obviously if the stock dropped something like 40 due to earning.

Something like snapchat. Yeah. Maybe i'd be a little bit more concerned snapchat's a much smaller advertisement platform. Just like twitter and just like pinterest.

But when it comes down to google it comes down to meta. It comes down to something like youtube. It's it's it's a different ball game. And you must understand that that you're that you're dealing with market leaders so although i did want to talk about earnings and although.

I did want you guys to have some bullet points to go off of i wanted to cover that four i wanted to make sure that you understood the importance of earnings and making sure that you don't lose sight of your overall plan big picture. If your intention is actually to invest one of the other things that i do want to remind you is that although we are now done with google and microsoft earnings do you guys know what company reports earnings tomorrow. If you look at this on the weeble platform. We have meta which is again previously known as facebook.

We have boeing we have four we have qualcomm we have spotify. We have shopify all reporting earnings tomorrow. Most of them after the market closes. The big one meta after the market closes.

I plan to live stream that but i'm going to make sure that i at least live. Stream the federal reserve fomc meeting tomorrow at 2 pm. Eastern time and that's going to be right on my youtube channel and yes. It is going to be for free.

So all you literally have to do is subscribe tonight. I mean tomorrow is a very very significant day. I hope that you set your alarms. I hope that you get a good night's rest all i can ever encourage you to do is do not put yourself in a position that you cannot tolerate some stocks take longer to recover than others.

It's not about going in super aggressive into a position because if things go south. Then the emotions that follow with a large position can end up faking you out of it do your future self a favor and do not put yourself in a position that you cannot tolerate the time that it will take for it to recover that's my number one tip at least for someone that's just getting started as a trader and or even as an investor. I hope that if you have any questions you know that you can always direct message. Me via discord.

It is for free and that's that first link in the description like i said i will be live streaming the federal reserve meeting tomorrow and that's going to be at 2 pm. Eastern time and that's going to be on my youtube channel. So please make sure you drop a thumbs up and of course subscribe to the channel turn on your post notifications. So you get alerted when it is that i go live.

I do trade live on top of that every single morning. These private live trading sessions are only for my learn plan profit group. If you want the ability to watch me trade live as soon as tomorrow. I encourage you to take two minutes click the second link down below learn a little bit more about our learn plan profit group.

See exactly what's included and then see if it's a good fit for you other than that i really do appreciate you guys time. I hope that earned your thumbs up please. Consider subscribing like always let's make sure that we end the year on a green now take it easy team.