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BLOOMBERG Best Of Bloomberg Technology January 29, 2017

Billion acquisition terminates the first major tech ipo of 2017. First, a huge week for tech earnings. This of course in a week where the dow average marched beyond 20,000 for the first time. Lets kick things off with after that reporting on thursday. Take a listen. You have to take a step back. Here is a company that makes massive amounts of money, has massive levels of growth and yet people are finding those little areas. The problem is always about expectations. The ad click numbers are clearly a challenge for them. Whats good is we are seeing them spending money on other bets that i think will pay off. In the short term, there is extra money being spent, but they have very interesting opportunities. Google recognizes they have to extend alphabet has to extend beyond the advertising business model. These bets will start to pay off. We are starting to see spending in those areas where we will see growth later. Caroline im seeing cost per click falling 15 . But they are still managing ....

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