Google performance drives Alphabet stock buyback

By

Cloud turned a profit, advertising held up.

Google performance drives Alphabet stock buyback
Alphabet has announced a US$70 billion ($106 billion) stock buyback, after first quarter revenue and profits beat estimates on the back of rising demand for Google's cloud services and better-than-expected ad sales. Alphabet reported a slight dip in first-quarter ad sales from a year ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Qld tables $1 billion for major whole-of-government tech overhaul

Qld tables $1 billion for major whole-of-government tech overhaul

WA Police Force to spend $30.8m on IT 'optimisation'

WA Police Force to spend $30.8m on IT 'optimisation'

TAFE NSW, NESA land tech funding in state budget

TAFE NSW, NESA land tech funding in state budget

Transport for NSW restructures tech division

Transport for NSW restructures tech division

Log In

  |  Forgot your password?