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Alphabet's quarter delivers but doesn't dazzle. The stock tells the story

Alphabet (GOOGL) reported better-than-anticipated first-quarter results after the closing bell Tuesday, getting a bump higher in after-hours trading. We’re not surprised that the stock reaction is muted. Total revenue of $69.79 billion represented a year-over-year increase of about 3%, or 6% in constant currency, and outpaced analysts’ estimates of $68.01 billion, according […]

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