Yeah, Alphabet surging more than 5% this morning and eclipsing Apple in market value now behind only Nvidia. Yet, it is still trailing the renewed hyperscaler rally. Microsoft and Amazon have outpaced Alphabet by nearly 10 points in five sessions.Now, Google's problem is not AI demand. Cloud revenue and backlog both grew more than 80% while Google Cloud is converting each new dollar of revenue into additional operating profit at nearly the same rate as AWS despite growing more than twice as fast. Now, I've ...