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Posted by
Two Blokes Apr 28 -
Filed in
Stock
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Alphabet reported strong Q1 earnings, driven by double-digit growth in Cloud and Search, with Cloud's operating income surging 142%. Google announced a new $70.0B stock buyback and repurchased $15.1B of its own shares in Q1, reflecting an 80% free cash flow return percentage. Google's leading position in Cloud and continual AI spending set the stage for sustained growth in the firm's core markets.
