AI Breakthroughs Propel Google Parent Alphabet (GOOG) to 13% After-Hours Surge – New Stock Buyback Program Announced!
San Francisco, California – Google’s parent company, Alphabet, experienced a significant surge in after-hours trading on Thursday following a remarkable quarter that surpassed revenue and earnings expectations. The announcement of a cash dividend program of $0.20 per share and stock repurchases up to an additional $70 billion also contributed to the investor excitement. CEO Sundar Pichai highlighted the strong performance of Search, YouTube, and Cloud in the first quarter. He pointed out the company’s leadership …