Earnings

We’re boosting our price target on Alphabet by $30 after it delivered the quarter we’ve been waiting for

Products You May Like

Sundar Pichai, CEO of Alphabet, during the Google I/O Developers Conference in Mountain View, California, May 10, 2023.
David Paul Morris | Bloomberg | Getty Images

Alphabet on Thursday delivered a knockout first-quarter report, with sales, operating margin and profits all topping Wall Street expectations. The search giant also reloaded its stock buyback program and initiated a quarterly dividend for the first time in its history.

Products You May Like

Articles You May Like

Trump is ‘not happy’ with Boeing over Air Force One delays, but airlines are growing upbeat
Don’t Be Afraid to File Your Own Taxes If You’re Self-Employed
Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’
Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more
Op-ed: Americans are leaving millions in free money on the table