Alphabet’s Blowout Earnings Are a Lifeline to the AI Trade

Alphabet’s Blowout Earnings Are a Lifeline to the AI Trade

The Google-parent’s stock surged as it ramped up capital expenditures.

Alphabet’s Financial Results Beat On Top And Botton Lines

Detailed price information for Alphabet Cl A (GOOGL-Q) from The Globe and Mail including charting and trades.

Alphabet, Google’s parent company, surprised with its financial results of the first quarter, surpassing both profit and revenue expectations. According to the original report, Google has decided to increase its dividend by 5% and has authorized the repurchase of shares worth $70 billion. This news caused a rise of more than 3% in the price of its shares. Performance against expectations Google reported a profit per share (EPS) of $2.81 and a to…

Google parent Alphabet buys back stock, extends dividend in earnings beat

Google parent Alphabet said it would buy back $70 billion worth of shares and increase its dividend by 5% as it reported first-quarter earnings above Wall Street expectations on Thursday.Shares jumped 4% in extended trading, adding about $75 billion to the company's market value.Alphabet beat quarterly revenue estimates, benefiting from steady growth in its digital advertising business, which helped offset muted growth at its cloud computing uni…

Alphabet Surges on Strong Q1 Results, $70B Buyback, and Dividend Hike Amid Regulatory Headwinds

Alphabet (GOOG, GOOGL) announced a new $70 billion stock repurchase program and a 5% dividend increase on Thursday, along with better-than-expected first quarter earnings and revenue that exceeded analyst projections. After the release, the Google parent company’s stock jumped more than 3%. According to Bloomberg consensus data, Alphabet reported earnings per share of $2.81 on $90.2 billion in revenue for the quarter that ended in March. This wa…

Sundar Pichai says Google is "leaning in heavily" on AI answers in search

Alphabet outperforms Wall Street for Q1 2025 and unveils a $70 billion stock buyback. AI Overviews now serve 1.5 billion users monthly as Google accelerates the rollout. The article Sundar Pichai says Google is "leaning in heavily" on AI answers in search appeared first on THE DECODER.