I had a pretty hard 75-minute Threshold bike ride today (HRSS/hr of 91.2), 4.6 aerobic and 2.6 anaerobic, load 281. It was two days after my last hard ride, and I was fully recovered with Training Readiness in the 80s. After the run, the workout the readout indicated VO2 max rising. But it didn't. Instead, it dropped from 53 (52.60 on Runalyze) after Monday's ride to 52 (52.30 on Runalyze).
Perhaps I'm just old-school and incorrectly assume a workout that increases VO2max means VO2max actually increases. I'm clearly not up to date on something.