Live in the NASAC market site in the heart of New York City's Times Square, this is fast money. Here's what's on top tonight. You gotta spend money to make money. Shares of alphabet higher by almost 3% right now after forecasting a big jump in CAPEX this year. What it says about the state of the AI trade and how it could impact the hypers. And highs and lows, a handful of stocks trading on milestones today. But how does a desk find the moves? And what do the charts say about what the next move where the names are? We'll find out. Plus, love for Eli Lilly after earnings, strategy deep in the red as Bitcoin continues the fall, and Uber in reverse, why investors are giving the stock a one-star review after earnings. I'm Melissa Lee. Come to you live in studio, be at the NASDAQ on the desk tonight, Tim Seymour,

Fano and Ison, Carter Worth, and Guy Adami.

And we start off with that closely watch earnings report out of alphabet.

Chairs of the Google Parent are higher by more than 2.5% right now after the company beat on the top and the bottom lines.

Forecast cap spending for 2026. That is nearly double last year's total spend.

The conference call is underway right now. CNBC's McKenzie Seagallis has got all the details.

Mack.

Hey, Mel. So Alphabet logging, its first ever $400 billion plus revenue quarter. But the headline in Q4 is CAPEX, Google nearly doubling

AI infrastructure spending every year since 2024. And now they're guiding to a range of up to

$185 billion for 2026, topping even Microsoft's $150 billion annualized run rate. And it comes as the cloud business surges 48% from a year earlier, $1.5 billion beat.

Alphabet is the underdog in the cloud wars, but Google's been gaining momentum off a strong street reputation for its in-house AI chips.

And CEO Sundar Pachai talking up that new Apple partnership

on the call, not just pointing to the fact that Gemini is powering Apple's rebooted Siri,

but also specifically saying that he was pleased that they're collaborating with Apple

as their preferred cloud provider. That might be why we're seeing CapEx double to get ready

for Gemini to power

Apple's 2.5 billion devices. And check out who's also winning after hours. Broadcom up nearly 6%

right now. They manufacture Google's TPUs and recently landed a $21 billion order from Anthropic

for Google's TPU, which is a huge endorsement of their in-house silicon.

Though Pichai did say they'll be among the first to offer the latest Vera Rubin GPU platform for

Nvidia. And last thing here, Mel, the bare case for Alphabet is not playing out.

Search revenue hit $63.1 billion topping estimates, no sign that it's giving way with Gemini cannibalizing any part of its core business here. Back to you. All right, Mac, thank you. Mack, thank you. Mackenzie Segalos on chairs of Alphabet higher by about 1.5% right now. Guy, what's your quick take on this? Big numbers. I mean, and the Cappex guide is clearly not scaring anybody. I'm sure Nvidia is higher as well. Here's my quick take. It is a very strong quarter.

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