$Alphabet - C(GOOG.US) stock shrugged off the capex comments for 2027, and now moving higher on comments that Search is in an "expansion" mode. Stock now up 7%, all time after hours high.
My take: They have talked about this "expansion movement" over the past few conference calls, but the outlook has more credibility tonight as we have seen Search growth go from up around 11% a year ago to 19% in March.Source: Gene Munster
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