ruth porat doing what everybody expected her to do and more. let's go to how you trade this. stock's up 10%, 11% after hours. you've got more than what you're expected. it was the surprise quarter. the question now is what do you do with the stock? i think you start taking some off. that's not to take the quarter down at all. just a trading call. take some off here. see what happens. you get a little bit, okay, let's sell the news. what else is out there? you can get back in. we are broken out above 700 now. use 700 as your support level. take off 750 when it gets to 700. >> no one will argue taking stock when it's up after hours. when they climb like this, tens of thousands of times maybe i'm making up a little bit on thousands of times, you probably stick with the momentum in a google. if the market sticks on track and we burst through, those resistance levels, google probably trades higher, as well. >> for more let's get back to bob peck. he switched phones. bob, we are having a debate on the desk whether or not you would stick with momentum like this. is that what you're

we expected to see that from the new chief financial officer ruth porat. she is executing that.lion users globally for google in alphabet. paid clicks up 23%. we saw costs per clicks go down. not is r surprising. that is something noteworthy. both those stocks, alphabet and amazon kill it in after-hours. melissa: jo, thank you. david: the big question for google how they pay for the stock buyback. they have $70 billion in cash. we know apple had a lot of cash but they borrowed money for stocks buybacks. interesting to see if google does the same. house hearing on benghazi is on a short break but hillary clinton will continue to grilled on capitol hill. we're monitoring that. melissa: not letting tough talk from iowa get him down, which is not surprising. he may be number two but he is still the one to beat. ♪ they say that in life, we shouldn't sweat the small stuff. but when you're building a mercedes-benz, there really is no small stuff. every decision... every component... is an integral part of what makes the 2016 c-class one of our most sophisticated cars ever. because when

on the conference call cfo ruth porat talked about why the company will report in this new way. >> byng this we expect they'll be better able to understand how we manage the businesses, including the pace and allocation of our investments. as larry said in his ceo letter announcing alphabet, we are focused on rigorously managing capital allocation and working to make sure each business is executing well. >> reporter: as for microsoft, the software company now breaks out its performance into new divisions, allowing shareholders to better track how effectively the company is executing on its plans to capitalize on a mobile first, cloud first world. a second theme, all three companies are moving as fast as they can to capitalize on the $56 billion cloud services industry, though analysts say it's one company that's leading the charge. >> it's wide open in terms of potential participants in the market. it's not wide open, however, in terms of market leadership. that market leadership has very clearly gone to one company and that's amazon. >> reporter: investors are cheering these recent e