Timcast: Youtube Gets Woke Goes Broke Loses 70 BILLION DOLLARS!!!

[Bofferbrauer2]

HollyGamer said:

Ka-pi96 said:

Losing market cap is not losing money. They still have the same amount of money as they had before (well, actually they have 6.6 billion more than they had before, but the point still stands). So Alphabet did not lose money, fact.

Did the investors lose money? Only if they bought their stocks the day before and then immediately panic sold them. But I'd assume most, if not all of them, are smart enough to realise panic selling is a bad thing to do and that not only will the stock price recover if selling is their intent (although to be honest if their intent was to profit from selling they probably should have done so sooner anyway) but they'll also be earning money from dividends still.

Youtube being owned by Google.Alphabet is irrelevant. When Sony post their earnings their overall profit/loss isn't presented as PlayStation's profit/loss (because that would simply be incorrect), the actual profit/loss for PlayStation individually is posted as PlayStation's profit/loss.

It is fake news. It's literally a lie. It's false information. It's not even misleading, it's just flat out wrong. It's sensational and clickbait as well, but it's also simply wrong.

And you not only posting lies but actually having the audacity to defend them makes me think this was done to push your agenda rather than due to ignorance (kind of figured that from the OP anyway though).

Oh and as for your suggestion to watch the video, why? Why on earth would I watch a video posted by a liar? It lost all credibility the moment it was posted with a lie in the title.

Losing market cap is equal to loosing money https://www.merrilledge.com/article/company-size-why-market-capitalization-matters-ose

Youtube being owned by Google but Google being owned by Alphabet "

• Alphabet's stock plunged almost 8% on Tuesday, slashing the market cap of Google's parent company by about $70 billion to $831 billion. "  

https://markets.businessinsider.com/news/stocks/google-stock-alphabet-set-to-lose-70-billion-on-q1-ad-sales-traffic-2019-4-1028152666

It's not fake, far from fake, hell even it's not misleading, the Youtube video or the title you can agree or disagree but the rest are true. 

I am not defending the video, i am just defending the source. 

Yes it is loosing money - but only for the shareholders, and only those why invested into Alphabet when the stock was above the current point! Alphabet didn't lose one cent with this. Hence why it is false, and deliberately so from the one who made that Video to push his agenda.

And yes, you are defending the source and the video, I just don't think that you realize that.