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Alphabet stock soars as company tops estimates on earnings, announces cash dividend

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Alphabet stock soars as company tops estimates on earnings, announces cash dividend


Google parent Alphabet (GOOG, GOOGL) reported first quarter revenue and earnings that topped analysts' estimates and earned cheers from Wall Street after announcing a cash dividend program of $0.20 per share. The board of directors also approved a stock repurchases up to an additional $70 billion.…

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