CNBC Investing Club

Alphabet misses on the top and bottom lines, but doesn't shake our long view on the stock

CEO of Alphabet and Google Sundar Pichai meets Polish Prime Minister at the Chancellery in Warsaw, Poland on March 29, 2022.
Mateusz Wlodarczyk | Nurphoto | Getty Images

Alphabet (GOOGL) reported weaker-than-expected earnings and sales for the first quarter on Tuesday, thanks largely to YouTube ad revenue coming up short. The headline results, however, do not tell the full story.