Hedge Funds That Sold Alphabet Miss Out on Huge Gains

A big divide in sentiment for Alphabet’s shares has created many winners — and more than a few regrets.

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(David Paul Morris/Bloomberg)

The Google bulls are winning — at least for now.

Shares of the search giant’s parent Alphabet surged about 6 percent Wednesday, after the company beat second-quarter earnings forecasts and reported strong revenues from its cloud business. The stock is now up more than 50 percent for the year.

This

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