Alphabet Beats on Revenue, Offers 20 Cent Dividend

Alphabet 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.
--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv

Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news

More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals

Watch more on TH-cam:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts

[@Kingromstar]

this guy just said "divy", lol.
Australians aren't serious.

[@Personalfinance_10174]

When JPM and META beat on earnings they sold off...the recent after-hours trading doesn't make any sense.

[@lemisosaroni8857]

That's because the institutional investors long anticipated the earnings beat and bought low during bad news/no news. Now they sell on good news when retail investors pile in to buy hence absorbing the huge off-loading of their positions. Financial Markets are forward-looking.
It'll be interesting to see what comes next.