Google performance drives Alphabet stock buyback

By
Follow google news

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

Add iTnews as your trusted source

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

Most Read Articles

Qld gov backs technology projects with at least $340m

Qld gov backs technology projects with at least $340m

NSW gov puts $209m more into P25 network

NSW gov puts $209m more into P25 network

NSW completes contactless payments rollout across Opal network

NSW completes contactless payments rollout across Opal network

Home Affairs opens internal "conversation" on adopting three types of AI

Home Affairs opens internal "conversation" on adopting three types of AI

Log In

  |  Forgot your password?