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Show Notes
Kevin Green and Jeff Pierce provide live reaction to Alphabet (GOOGL) earnings as shares initially pop higher on a top and bottom line beat. Jeff puts the Google Cloud revenue into perspective as it added nearly $3.5b in Y/Y growth. Kevin examines the company's decision to authorize a buyback up to $70B. Then, the duo dive into Intel (INTC) earnings after the company announced plans to eliminate management layers and cut an unidentified amount of jobs in 2Q. The chipmaker slashed its capex spend under new CEO Lip-Bu Tan and provided lower than expected guidance for its 2Q.
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