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Alphabet Inc (GOOGL US)

Google enjoyed a strong session overnight after beating analyst expectations reiterating its status as the world’s most powerful advertising engine. This time it was retail marketers trying to encourage consumer spending that drove the beat with revenue for the quarter coming in at an extraordinary $US51bn for the quarter. This is one “runaway train” which MM will step up and buy back into when it does eventually correct over 10%.

MM is bullish GOOGL medium / long term
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Alphabet Inc (GOOGL US)
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