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The Dow’s Winning Streak Continues 7/26/23

Halftime Report

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Alphabet's Valuations Are Nearing 20 Times Forward Earnings

Alphabet shares higher here today by about 6%, getting 23 target raises on the street today. Digital ad dominance, it's clear. That's the story here in this earnings report. And they've maintained it. Look at SNAP today. SNAP is down 19%. Why? Obviously, because we see that the search advertising is continuing to contract there.

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