Google-Parent Alphabet's Revenue Beats on Ad, Cloud Strength

StreetInsider2023-04-26

(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better...

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QArmieeQ
·2023-04-26
Cheers!
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Andrewinho
·2023-04-26
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href=https://www.streetinsider.com/dr/news.php?id=21550919><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21550919\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0127658192.USD","symbol_name":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) 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ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4139":"生物科技"},"translate_title":"谷歌母公司Alphabet的收入击败了广告和云实力","themeId":"ec9f6f0df2b6498587e7f5318b2eff2b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOOGL":0.9},"content_text":"(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected.Investors cheered the buyback plan, sending shares of the Google parent about 1.2% higher in extended trading.Excluding items, Alphabet reported earnings per share of $1.17, beating an average estimate of $1.07 per share.\"Google exceeded both revenue and earnings per share expectations this quarter, but reasons for investor optimism are modest,\" said Insider Intelligence senior analyst Max Willens.He said turning a profit in cloud computing was \"notable\" but \"the reality is that Google Cloud remains comfortably behind its two most important competitors, and its growth is slowing.\" Sales for the unit rose to 28% to $7.41 billion.Advertisers, who contribute the bulk of Alphabet's sales, have curtailed their spending in response to a shift by consumers back to in-store shopping in the wake of eased masking and other restrictions. As well, advertisers are experimenting more with new platforms like TikTok, which attracts a more youthful audience.Alphabet for the quarter reported a slight dip in ad sales to $54.55 billion from $54.66 billion a year earlier. The decline is just the third in the company’s history since it became public in 2004 but follows a fourth-quarter drop of 3.6%. The company, meanwhile, has been looking to keep a tight control on costs amid recession fears and in January decided to cut about 12,000 jobs.Alphabet has pared spending, including on employee perks and use of company resources. Ruth Porat, Alphabet's chief financial officer, told workers in an internal email in March that they should anticipate additional cost-cutting measures in the coming months.Alphabet’s Google unit has been scrambling to keep pace with rivals, notably Microsoft Corp, in rolling out new artificial-intelligence software that can generate long-form responses to queries and other prompts. Microsoft committed $10 billion to OpenAI whose ChatGPT software has been the talk of Silicon Valley since a free version was introduced in November.Microsoft on Tuesday also beat Wall Street estimates for third-quarter profit and revenue, driven by growth in its cloud computing and Office productivity software businesses, pushing its shares up 4% in after-market trading. Shares of rival tech companies Meta Platforms Inc and Amazon.com Inc were also up 2%.Alphabet's revenue for the quarter ended March 31 stood at $69.79 billion compared with estimates of $68.95 billion, according to Refinitiv data.It reported net profit of $15.05 billion for the first three months of the year compared with $16.44 billion a year earlier.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9947914734,"gmtCreate":1682464793528,"gmtModify":1682464797156,"author":{"id":"3572474257232421","authorId":"3572474257232421","name":"QArmieeQ","avatar":"https://static.tigerbbs.com/4880f6ec2e047cce565a00b5fd10d91f","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3572474257232421","authorIdStr":"3572474257232421"},"htmlText":"Cheers!","listText":"Cheers!","text":"Cheers!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947914734","repostId":2330807300,"repostType":4,"repost":{"id":"2330807300","kind":"highlight","pubTimestamp":1682462390,"share":"https://ttm.financial/m/news/2330807300?lang=&edition=fundamental","pubTime":"2023-04-26 06:39","market":"us","language":"en","title":"Google-Parent Alphabet's Revenue Beats on Ad, Cloud Strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2330807300","media":"StreetInsider","summary":"(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quar","content":"<html><head></head><body><p>(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected.</p><p>Investors cheered the buyback plan, sending shares of the Google parent about 1.2% higher in extended trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d1e54edf0d03541546a3254e19a9149e\" title=\"\" tg-width=\"882\" tg-height=\"849\"/></p><p>Excluding items, Alphabet reported earnings per share of $1.17, beating an average estimate of $1.07 per share.</p><p>&#34;Google exceeded both revenue and earnings per share expectations this quarter, but reasons for investor optimism are modest,&#34; said Insider Intelligence senior analyst Max Willens.</p><p>He said turning a profit in cloud computing was &#34;notable&#34; but &#34;the reality is that Google Cloud remains comfortably behind its two most important competitors, and its growth is slowing.&#34; Sales for the unit rose to 28% to $7.41 billion.</p><p>Advertisers, who contribute the bulk of Alphabet&#39;s sales, have curtailed their spending in response to a shift by consumers back to in-store shopping in the wake of eased masking and other restrictions. As well, advertisers are experimenting more with new platforms like TikTok, which attracts a more youthful audience.</p><p>Alphabet for the quarter reported a slight dip in ad sales to $54.55 billion from $54.66 billion a year earlier. The decline is just the third in the company’s history since it became public in 2004 but follows a fourth-quarter drop of 3.6%. The company, meanwhile, has been looking to keep a tight control on costs amid recession fears and in January decided to cut about 12,000 jobs.</p><p>Alphabet has pared spending, including on employee perks and use of company resources. Ruth Porat, Alphabet&#39;s chief financial officer, told workers in an internal email in March that they should anticipate additional cost-cutting measures in the coming months.</p><p>Alphabet’s Google unit has been scrambling to keep pace with rivals, notably Microsoft Corp, in rolling out new artificial-intelligence software that can generate long-form responses to queries and other prompts. Microsoft committed $10 billion to OpenAI whose ChatGPT software has been the talk of Silicon Valley since a free version was introduced in November.</p><p>Microsoft on Tuesday also beat Wall Street estimates for third-quarter profit and revenue, driven by growth in its cloud computing and Office productivity software businesses, pushing its shares up 4% in after-market trading. Shares of rival tech companies <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc and Amazon.com Inc were also up 2%.</p><p>Alphabet&#39;s revenue for the quarter ended March 31 stood at $69.79 billion compared with estimates of $68.95 billion, according to Refinitiv data.</p><p>It reported net profit of $15.05 billion for the first three months of the year compared with $16.44 billion a year earlier.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google-Parent Alphabet's Revenue Beats on Ad, Cloud Strength</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle-Parent Alphabet's Revenue Beats on Ad, Cloud Strength\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-26 06:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=21550919><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21550919\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4503":"景林资产持仓","BK4581":"高盛持仓","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0882574139.USD":"富达环球消费行业基金A ACC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4550":"红杉资本持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","BK4139":"生物科技","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4504":"桥水持仓","LU1803068979.SGD":"FTIF - 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Global Dynamic Dividend A Acc SGD-H","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4532":"文艺复兴科技持仓","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","GOOGL":"谷歌A","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4525":"远程办公概念","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21550919","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2330807300","content_text":"(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected.Investors cheered the buyback plan, sending shares of the Google parent about 1.2% higher in extended trading.Excluding items, Alphabet reported earnings per share of $1.17, beating an average estimate of $1.07 per share.\"Google exceeded both revenue and earnings per share expectations this quarter, but reasons for investor optimism are modest,\" said Insider Intelligence senior analyst Max Willens.He said turning a profit in cloud computing was \"notable\" but \"the reality is that Google Cloud remains comfortably behind its two most important competitors, and its growth is slowing.\" Sales for the unit rose to 28% to $7.41 billion.Advertisers, who contribute the bulk of Alphabet's sales, have curtailed their spending in response to a shift by consumers back to in-store shopping in the wake of eased masking and other restrictions. As well, advertisers are experimenting more with new platforms like TikTok, which attracts a more youthful audience.Alphabet for the quarter reported a slight dip in ad sales to $54.55 billion from $54.66 billion a year earlier. The decline is just the third in the company’s history since it became public in 2004 but follows a fourth-quarter drop of 3.6%. The company, meanwhile, has been looking to keep a tight control on costs amid recession fears and in January decided to cut about 12,000 jobs.Alphabet has pared spending, including on employee perks and use of company resources. Ruth Porat, Alphabet's chief financial officer, told workers in an internal email in March that they should anticipate additional cost-cutting measures in the coming months.Alphabet’s Google unit has been scrambling to keep pace with rivals, notably Microsoft Corp, in rolling out new artificial-intelligence software that can generate long-form responses to queries and other prompts. Microsoft committed $10 billion to OpenAI whose ChatGPT software has been the talk of Silicon Valley since a free version was introduced in November.Microsoft on Tuesday also beat Wall Street estimates for third-quarter profit and revenue, driven by growth in its cloud computing and Office productivity software businesses, pushing its shares up 4% in after-market trading. Shares of rival tech companies Meta Platforms Inc and Amazon.com Inc were also up 2%.Alphabet's revenue for the quarter ended March 31 stood at $69.79 billion compared with estimates of $68.95 billion, according to Refinitiv data.It reported net profit of $15.05 billion for the first three months of the year compared with $16.44 billion a year earlier.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9947914099,"gmtCreate":1682462629011,"gmtModify":1682462632643,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581563418944392","authorIdStr":"3581563418944392"},"htmlText":"👏👏👏🚀🚀🚀","listText":"👏👏👏🚀🚀🚀","text":"👏👏👏🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947914099","repostId":2330807300,"repostType":2,"repost":{"id":"2330807300","kind":"highlight","pubTimestamp":1682462390,"share":"https://ttm.financial/m/news/2330807300?lang=&edition=fundamental","pubTime":"2023-04-26 06:39","market":"us","language":"en","title":"Google-Parent Alphabet's Revenue Beats on Ad, Cloud Strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2330807300","media":"StreetInsider","summary":"(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quar","content":"<html><head></head><body><p>(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected.</p><p>Investors cheered the buyback plan, sending shares of the Google parent about 1.2% higher in extended trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d1e54edf0d03541546a3254e19a9149e\" title=\"\" tg-width=\"882\" tg-height=\"849\"/></p><p>Excluding items, Alphabet reported earnings per share of $1.17, beating an average estimate of $1.07 per share.</p><p>&#34;Google exceeded both revenue and earnings per share expectations this quarter, but reasons for investor optimism are modest,&#34; said Insider Intelligence senior analyst Max Willens.</p><p>He said turning a profit in cloud computing was &#34;notable&#34; but &#34;the reality is that Google Cloud remains comfortably behind its two most important competitors, and its growth is slowing.&#34; Sales for the unit rose to 28% to $7.41 billion.</p><p>Advertisers, who contribute the bulk of Alphabet&#39;s sales, have curtailed their spending in response to a shift by consumers back to in-store shopping in the wake of eased masking and other restrictions. As well, advertisers are experimenting more with new platforms like TikTok, which attracts a more youthful audience.</p><p>Alphabet for the quarter reported a slight dip in ad sales to $54.55 billion from $54.66 billion a year earlier. The decline is just the third in the company’s history since it became public in 2004 but follows a fourth-quarter drop of 3.6%. The company, meanwhile, has been looking to keep a tight control on costs amid recession fears and in January decided to cut about 12,000 jobs.</p><p>Alphabet has pared spending, including on employee perks and use of company resources. Ruth Porat, Alphabet&#39;s chief financial officer, told workers in an internal email in March that they should anticipate additional cost-cutting measures in the coming months.</p><p>Alphabet’s Google unit has been scrambling to keep pace with rivals, notably Microsoft Corp, in rolling out new artificial-intelligence software that can generate long-form responses to queries and other prompts. Microsoft committed $10 billion to OpenAI whose ChatGPT software has been the talk of Silicon Valley since a free version was introduced in November.</p><p>Microsoft on Tuesday also beat Wall Street estimates for third-quarter profit and revenue, driven by growth in its cloud computing and Office productivity software businesses, pushing its shares up 4% in after-market trading. Shares of rival tech companies <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc and Amazon.com Inc were also up 2%.</p><p>Alphabet&#39;s revenue for the quarter ended March 31 stood at $69.79 billion compared with estimates of $68.95 billion, according to Refinitiv data.</p><p>It reported net profit of $15.05 billion for the first three months of the year compared with $16.44 billion a year earlier.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google-Parent Alphabet's Revenue Beats on Ad, Cloud Strength</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle-Parent Alphabet's Revenue Beats on Ad, Cloud Strength\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-26 06:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=21550919><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21550919\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4503":"景林资产持仓","BK4581":"高盛持仓","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0882574139.USD":"富达环球消费行业基金A ACC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4550":"红杉资本持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","BK4139":"生物科技","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4504":"桥水持仓","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0080751232.USD":"富达环球多元动力基金A","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4588":"碎股","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4077":"互动媒体与服务","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4532":"文艺复兴科技持仓","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","GOOGL":"谷歌A","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4525":"远程办公概念","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21550919","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2330807300","content_text":"(Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected.Investors cheered the buyback plan, sending shares of the Google parent about 1.2% higher in extended trading.Excluding items, Alphabet reported earnings per share of $1.17, beating an average estimate of $1.07 per share.\"Google exceeded both revenue and earnings per share expectations this quarter, but reasons for investor optimism are modest,\" said Insider Intelligence senior analyst Max Willens.He said turning a profit in cloud computing was \"notable\" but \"the reality is that Google Cloud remains comfortably behind its two most important competitors, and its growth is slowing.\" Sales for the unit rose to 28% to $7.41 billion.Advertisers, who contribute the bulk of Alphabet's sales, have curtailed their spending in response to a shift by consumers back to in-store shopping in the wake of eased masking and other restrictions. As well, advertisers are experimenting more with new platforms like TikTok, which attracts a more youthful audience.Alphabet for the quarter reported a slight dip in ad sales to $54.55 billion from $54.66 billion a year earlier. The decline is just the third in the company’s history since it became public in 2004 but follows a fourth-quarter drop of 3.6%. The company, meanwhile, has been looking to keep a tight control on costs amid recession fears and in January decided to cut about 12,000 jobs.Alphabet has pared spending, including on employee perks and use of company resources. Ruth Porat, Alphabet's chief financial officer, told workers in an internal email in March that they should anticipate additional cost-cutting measures in the coming months.Alphabet’s Google unit has been scrambling to keep pace with rivals, notably Microsoft Corp, in rolling out new artificial-intelligence software that can generate long-form responses to queries and other prompts. Microsoft committed $10 billion to OpenAI whose ChatGPT software has been the talk of Silicon Valley since a free version was introduced in November.Microsoft on Tuesday also beat Wall Street estimates for third-quarter profit and revenue, driven by growth in its cloud computing and Office productivity software businesses, pushing its shares up 4% in after-market trading. Shares of rival tech companies Meta Platforms Inc and Amazon.com Inc were also up 2%.Alphabet's revenue for the quarter ended March 31 stood at $69.79 billion compared with estimates of $68.95 billion, according to Refinitiv data.It reported net profit of $15.05 billion for the first three months of the year compared with $16.44 billion a year earlier.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":78,"commentSize":2,"repostSize":1,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}