It's Tuesday, April 30th.

Welcome to Market Foolery.

I'm Chris Hill joining me in studio from M-Fam Funds.

Bill Barker in the house.

Thanks for being here.

Thanks for having me.

We've got a bunch going on. We've got restaurant stocks that are moving

in opposite directions. We've got a surprising day for GE, but we're going to start with

Alphabet. First quarter profits for Alphabet were great. That's not the problem.

Declining ad revenue. That's the problem because Alphabet is in the advertising business and shares are down about 8% which when you're as big as alphabet is

That's summer in the neighborhood of 75 billion dollars worth of market cap?

Yeah, I mean, I would say that the earnings were good, not great.

And what it comes down to is how the market does and should value growth rates.

And so you've got ad revenue growth of 15% for this quarter.

And that's a continued deceleration. It was about 20% in the fourth quarter, a little

over 20% in the third quarter last year, 24% in the second quarter of last year, and 24% in the second quarter of last year, and 24% this time last year.

There's a little bit of adjustment that you need to make for currency translations, but still that's a four in a row quarter desaloration of the most important

part of their business.

And it's still growth, that's pretty good growth.

15% year over year growth, given the size of this company, is not something to dismiss, but it's,

you know, if you're into pattern recognition. It's a pattern that is kind of slapping you in the face at the moment.

So you don't view the stock drop today as a buying opportunity for someone who's been sitting on the sidelines on

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