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Alphabet Stock Surges 12% on Triple Crown of First-Ever Cash Dividend, $70 Billion Stock Buyback, Strong Results

Google parent Alphabet Inc.’s stock soared 12% in premarket trading Friday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend

Alphabet Stock Surges 12% on Triple Crown of First-Ever Cash Dividend, $70 Billion Stock Buyback, Strong Results

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Sales minus total acquisition costs (TAC) came in at $67.59 billion, compared with $58.07 billion a year ago.</p><p style=\"text-align: start;\">Alphabet reported first-quarter net income of $23.66 billion, or $1.89 a share, compared with net income of $15.05 billion, or $1.17 a share, in the year-ago quarter.</p><p>“Our results in the first quarter reflect strong performance from Search, YouTube and Cloud. We are well under way with our Gemini era and there’s great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” Alphabet Chief Executive Sundar Pichai said in a statement announcing the results.</p><p style=\"text-align: start;\">Analysts surveyed by FactSet had expected on average net earnings of $1.51 a share on revenue of $78.75 billion and ex-TAC revenue of $65.99 billion.</p><p style=\"text-align: start;\">Shares of Alphabet were still surging as the company started a conference call with analysts and reporters — on pace for its biggest one-day spike since 2015, when it jumped 16%. Alphabet has gained $237 billion from Thursday’s close, pushing its market cap to $2.19 trillion.</p><p style=\"text-align: start;\">Google’s total advertising sales was $61.66 billion, compared with $54.55 billion a year ago; FactSet analysts had average expectations of $60.3 billion. YouTube ad sales rose 21% to $8.1 billion from $6.7 billion a year ago. Google Cloud rang up $9.6 billion in sales, up $7.5 billion.</p><p>Alphabet did not break out AI revenue in Thursday’s earnings report.</p><p style=\"text-align: start;\">Shares of Alphabet have climbed 45% over the past 12 months. The S&amp;P 500 index has risen 22% in the past year.</p></body></html>","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>Alphabet Stock Surges 12% on Triple Crown of First-Ever Cash Dividend, $70 Billion Stock Buyback, Strong Results</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\">\nAlphabet Stock Surges 12% on Triple Crown of First-Ever Cash Dividend, $70 Billion Stock Buyback, Strong Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-04-26 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Google parent Alphabet Inc.’s stock soared 12% in premarket trading Friday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07425577f5983b0298f991c0baea68bd\" tg-width=\"391\" tg-height=\"139\"/></p><p style=\"text-align: start;\">Alphabet’s board also authorized the repurchase of up to $70 billion in shares.</p><p>Alphabet’s cash dividend comes after Meta Platforms Inc.’s board authorized its first-ever dividend in February. Amazon.com Inc. remains the only trillionaire company without a dividend.</p><p>The search-engine powerhouse reported a jump in first-quarter sales, chiefly through advertising, for total revenue of $80.54 billion, up 15% from $69.8 billion a year ago. Sales minus total acquisition costs (TAC) came in at $67.59 billion, compared with $58.07 billion a year ago.</p><p style=\"text-align: start;\">Alphabet reported first-quarter net income of $23.66 billion, or $1.89 a share, compared with net income of $15.05 billion, or $1.17 a share, in the year-ago quarter.</p><p>“Our results in the first quarter reflect strong performance from Search, YouTube and Cloud. We are well under way with our Gemini era and there’s great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” Alphabet Chief Executive Sundar Pichai said in a statement announcing the results.</p><p style=\"text-align: start;\">Analysts surveyed by FactSet had expected on average net earnings of $1.51 a share on revenue of $78.75 billion and ex-TAC revenue of $65.99 billion.</p><p style=\"text-align: start;\">Shares of Alphabet were still surging as the company started a conference call with analysts and reporters — on pace for its biggest one-day spike since 2015, when it jumped 16%. Alphabet has gained $237 billion from Thursday’s close, pushing its market cap to $2.19 trillion.</p><p style=\"text-align: start;\">Google’s total advertising sales was $61.66 billion, compared with $54.55 billion a year ago; FactSet analysts had average expectations of $60.3 billion. YouTube ad sales rose 21% to $8.1 billion from $6.7 billion a year ago. Google Cloud rang up $9.6 billion in sales, up $7.5 billion.</p><p>Alphabet did not break out AI revenue in Thursday’s earnings report.</p><p style=\"text-align: start;\">Shares of Alphabet have climbed 45% over the past 12 months. The S&amp;P 500 index has risen 22% in the past year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113451714","content_text":"Google parent Alphabet Inc.’s stock soared 12% in premarket trading Friday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.Alphabet’s board also authorized the repurchase of up to $70 billion in shares.Alphabet’s cash dividend comes after Meta Platforms Inc.’s board authorized its first-ever dividend in February. Amazon.com Inc. remains the only trillionaire company without a dividend.The search-engine powerhouse reported a jump in first-quarter sales, chiefly through advertising, for total revenue of $80.54 billion, up 15% from $69.8 billion a year ago. Sales minus total acquisition costs (TAC) came in at $67.59 billion, compared with $58.07 billion a year ago.Alphabet reported first-quarter net income of $23.66 billion, or $1.89 a share, compared with net income of $15.05 billion, or $1.17 a share, in the year-ago quarter.“Our results in the first quarter reflect strong performance from Search, YouTube and Cloud. We are well under way with our Gemini era and there’s great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” Alphabet Chief Executive Sundar Pichai said in a statement announcing the results.Analysts surveyed by FactSet had expected on average net earnings of $1.51 a share on revenue of $78.75 billion and ex-TAC revenue of $65.99 billion.Shares of Alphabet were still surging as the company started a conference call with analysts and reporters — on pace for its biggest one-day spike since 2015, when it jumped 16%. Alphabet has gained $237 billion from Thursday’s close, pushing its market cap to $2.19 trillion.Google’s total advertising sales was $61.66 billion, compared with $54.55 billion a year ago; FactSet analysts had average expectations of $60.3 billion. YouTube ad sales rose 21% to $8.1 billion from $6.7 billion a year ago. Google Cloud rang up $9.6 billion in sales, up $7.5 billion.Alphabet did not break out AI revenue in Thursday’s earnings report.Shares of Alphabet have climbed 45% over the past 12 months. The S&P 500 index has risen 22% in the past year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":12,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}