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You're on a rocket ship that goes into space. It has already achieved the speed and is on the correct trajectory. Some of those on Earth started to assume the trajectory had to be corrected a year or two ago, but most people still feel like the ship is on track.

In other words, Sundar is not a war CEO; he is there to ensure things are "on track" for the foreseeable future, while many people expect him to be a trailblazer who comes up with new innovative products (and not just tweaks to Ads UI).

Nasdaq index in general grew up about the same partially thanks to Fed printing money.

They are in fact almost identical. Over that time period both GOOG and the NASDAQ 100 have both gone up 2.8x. They're the same to 1 decimal place

edit: but the NASDAQ 100 pays dividends, so Google's stock price has underperformed over that period

Is it squandering the most important technical advance of a generation?