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Google parent announces first-ever dividend; beats on sales, profit; shares soar

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Google parent announces first-ever dividend; beats on sales, profit; shares soar


Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative…

#alphabet #google #metaplatforms #amazoncom #thomasmonteiro #sundarpichai #tiktok #googlecloud #gabellifunds #hannahoward

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