Related: Tech Earnings: Alphabet, Facebook, Amazon Report This Week
Former hedge fund manager Jim Cramer appeared on CNBC’s “Squawk on the Street” to share his outlook on the better-than-expected earnings report, attributing much of Alphabet’s success to its extensive platform of products and services, including Google Maps, Search, and Translate, and their usage by billions around the world.
“So, they [Alphabet] basically explain, ‘Look… we make a product that billions more people need than are currently using it’, and there’s not a lot of companies that can say that,” Cramer continued by stating that Alphabet is “crushing it” this quarter.
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