Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Full Money. It's Motley Full Money Radio Show. I'm Chris Hale Joining Me in Studio this week's Senior Analyst Jason Moser Andy Cross and Ron Gross. Good to see you as always gentlemen.

Hey, hey Chris. We've got the latest headlines from Wall Street. We will get an A.

From full global headquarters, this is Motley Full Money. It's Motley Full Money Radio Show. I'm Chris Hale joining me in studio this week's Senior Analyst Jason Moser Andy Cross and Ron Gross. Good to see you as always gentlemen.

Hey, hey Chris. We've got the latest headlines from Wall Street. We will get an Oscar preview from our guest Nell Minow and as always we've got a few stocks on our radar.

But we begin with another one of the tech giants. Alpha Bet's fourth quarter profits came in higher than expected shares of Google's parent company up a little bit this week Jason.

Overall revenue was light, but there was a lot to like in this quarter. Yeah, there was plenty to like. I think this was this was a quarter where

you know they released the YouTube and cloud revenue data for the first time ever and you know we're talking in production here. I think Andy you were saying it was something eventually was going to have to have.

Yeah, yeah, they probably had to do that. Regardless, I think that's probably the clear sign yet to me at least they have no intentions of spinning these businesses out from Google.

Alpha Bet anytime soon. I think it really helps offset what is probably one of the bigger points of scrutiny that we hold on the company quarter and a quarter out on the other bets segment.

I mean, let's look at YouTube reached $15 billion in ad revenue in 2019 that grew 36% from a year ago.

They also ended 2019 at a $3 billion annual run rate in YouTube subscription revenue and other non advertising revenue. So really that's on top of the advertising revenue there that just shows you how how big YouTube has gotten to this point Google cloud.

Still performing very well ended at a $10 billion run rate for the year and I put that in context Amazon Web Services chalked up about $10 billion for the quarter.

So there's still plenty of of shared a capture there, but the good news is that Google cloud is actually growing at a faster rate than AWS. So they are picking up share as Ron was talking about last week.

But going back to the data on YouTube and the cloud services, they strike a little bit of a defensive tone. It seems quarter and quarter out on the call with the other bet segment. And that's for good reason it brought in $659 million in revenue for the year.

And it lost better than four and a half billion dollars. So there's clear there's clearly a disconnect there. So I understand their defensive tone.

But when you now have a light to shine on YouTube and Google cloud, I think that really takes away from from focusing so much on the money that they're losing any other bet segment.

Yeah, with soon Darpichai now the CEO of alphabet who was a former CEO of Google, he clearly had interest in and knowledge of what was going on with YouTube.

So they had they eventually would have had to disclose the revenues for YouTube still very impressive $15 billion.

Run rate of revenue seemed the analysts were expecting a little bit higher. So I think there's some good conversation about wow, maybe YouTube revenue wasn't so high, but I agree with you Jason on the subscription and other revenues around YouTube. That's pretty exciting.

Can we start a campaign to change the name back to Google? I would much rather. I'm kind of had it.

You know what we've not seen a lot in the headlines. I remember they bought a little company called Fitbit recently while that acquisition has not closed. It's going to close and you have to wonder what exactly they plan to do with it.

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