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Alphabet Beats on Revenue, Offers 20 Cent Dividend
Posted
April 25, 2024
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April 25, 2024
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3:24Now PlayingAlphabet Inc. reported first-quarter revenue that exceeded analysts’ expectations, buoyed by growth in its cloud computing unit. The Google parent company also said it would pay a dividend of 20 cents a share and repurchase an additional $70 billion in stock. The shares jumped 14% in extended trading. Bloomberg's Ed Ludlow reports.
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