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Alphabet surges 11 per cent on strong earnings, unveils first dividend payout

City A.M. Friday, 26 April 2024 ()
Alphabet shares surged in after-hours trading on Thursday after Google's parent company impressed investors with a blowout first-quarter earnings report and initiated a $70 billion stock buyback program alongside its first-ever dividend declaration.
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News video: Alphabet (NASDAQ: $GOOG) Jumps 9%+ on Friday After Q1 2024 Earnings Beat and First Dividend Issuance

Alphabet (NASDAQ: $GOOG) Jumps 9%+ on Friday After Q1 2024 Earnings Beat and First Dividend Issuance 02:40

Alphabet (NASDAQ: $GOOG) is the third-largest tech firm by revenue and one of the most valuable. It offers numerous services to consumers, including internet search, drone delivery, streaming, health care scientific research, cloud services, and AI. The company makes most of its revenue from ad...

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