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Automatic TRANSCRIPT

Alphabet is at least for the moment no longer a member of club trillion shares of alphabet down three percent despite the fact that fourth quarter profits came in higher than expected but revenue was light and so the market cap is only nine hundred ninety billion dollars Do Support this and by this I mean the the slight market selloff. It seems a little bit like nitpicking. I well yeah I mean I it. Isn't it thinking I think when you look at everything together I I mean it's still a very strong business its own personally. It's one that I'm going to hang onto. I think that the for investors this was a great quarter from the perspective. We got at some more granularity in how companies making its money right. They broke out the youtube revenue in the cloud revenue for the first time. Yeah enemy I mean you know. We always speculated how much money youtube was making. I mean now we know they reached fifteen billion dollars in ads in two thousand and one thousand nine that grew thirty six percent versus. This is a year ago. It's not surprising at all. But it's just really nice to see In in I think that when you consider how the cloud businesses doing I mean the cloud cloud business ended Two Thousand Nineteen at a greater than ten billion dollar run rate. That was up fifty three percent over a year ago Now I mean to put put that in context I mean ten billion run rate for for the year I mean Amazon just recorded ten billion dollars with a quarter in. Aws So Amazon still really really the elephant in the room. But I mean Google is picking up share. They're they're growing a little bit more quickly and so we had talked about that last week. Motley Fool Money Ron mentioned you know. Hey Listen Microsoft often in alphabet. They're they're picking up share in that space and there's no question there it in now. They've confirmed it by giving us some some more solid data With which to go.