Alphabet's Stock Slipped 2.2% After Sundar Pichai's Earnings Beat Was Inflated by a $77.1 Billion Unrealized Gain on Equity Holdings. Should Investors Discount That Gain When Judging the Real Growth Story?
Unrealized gains are lovely when they happen, but they can also turn into unrealized losses.
We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.