Ka-pi96 said:
My question was is this thread borne out of malicious intent (ie. a lie) or ignorance (do you just not know the truth?). Because, no, they did NOT lose 70 billion dollars. The market cap may have decreased by 70 billion dollars, but they made a profit of 6.6 billion dollars. To reiterate, that's a profit, NOT a loss. Oh and also, those figures (as well as the market cap ones) are for Alphabet, NOT youtube. So please get your facts straight before spreading fake news. |
I am not the one who made the title, it's a copy paste from the video.
also losing market cap is also losing money because investment directly translate to stock price.
also 6.6 billion profit while losing market cap 70 billion is a profit ???
Well Youtube is part of google and google are owned by Alphabet.
It's not fake news, sensational yes, but that's the title i took from the video.
