Loup Funds co-founder Gene Munster and managing partner Andrew Murphy turned talking heads on Alphabet Inc.’s fourth-quarter earnings. What Happened Murphy said he loved the “strong results” and that the markets reacted positively. Munster labeled Google and rival Apple Inc. as the “two bellwethers,” saying that the upside in search stood out to him. “It was 6 percent ahead of where the street was at. Overall revenues for Google was 4 percent better.” According to Munster, search is Google’s most important segment. The analyst said Google’s results were a “positive read on Facebook”—which is due to release its numbers on Thursday—as the two companies “tend to move in the same direction.” Munster noted that Facebook has Apple’s IDFA or Identifier for Advertisers to navigate, but the Google results were still a “good indication.” Comparing Google’s growth to the numbers from two years ago, Munster said that it “is the oxygen of …