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Google parent Alphabet announces first-ever dividend

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Investor's Business Daily

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Investor's Business Daily

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Why does the alphabet stock up?

Alphabet shares shot up on Friday after the company posted better-than-expected first-quarter results and approved its first-ever dividend. The company on Thursday reported revenue of $80.54 billion, a 15% increase from a year earlier and the fastest growth rate since early 2022, and earnings of $1.89 per share.

Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback

Why is Google stock up?

Google's stock jumped as much as 13% in after-hours trading following the report. The announcement came as part of Google's earnings report for the first three months of the year, in which it also reported that it exceeded Wall Street analysts' expectations for both sales and profits.

Google surges after buying back billions of dollars of its own stock

By the numbers

CNBC

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Alphabet shares jump 14% on earnings beat, first-ever dividend

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All coverage

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Alphabet issues first-ever dividend, $70 billion buyback

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The Keyword | Google Product and Technology News

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WRAL News

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Google surges after buying back billions of dollars of its own stock

Apr 25

U.S News & World Report Money

Google Parent Announces First-Ever Dividend; Beats on Sales, Profit; Shares Soar

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By Greg Bensinger & Akash Sriram

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BNN Bloomberg

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Fox Business

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Financial Times

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Morningstar

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Q1 2024 Alphabet Inc Earnings Call Transcript

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The Wall Street Journal

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The Guardian

The Guardian

Google parent Alphabet hits $2tn valuation as it announces first dividend

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Benzinga

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MarketWatch

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Seeking Alpha

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CNET

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By Don Reisinger

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New York Post

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Google's parent announces first-ever dividend, sending shares soaring: 'Breath of fresh air'

Apr 25

Search Engine Roundtable

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Apr 26

By Barry Schwartz

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PhoneArena

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Quartz

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Google stock surges on soaring profits, first cash dividend

Apr 25

By Laura Bratton

Morningstar

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Yahoo Finance

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The Motley Fool

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Business Insider

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Benzinga

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Alphabet to pay first-ever quarterly dividend, $70B buyback

Apr 26

MSN

MSN

Alphabet Closes Above $2 Trillion Market Cap for the First Time

Apr 26

By Eric J. Savitz

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