Shares of Google-parent
Alphabet
were rising after the big technology firm reported better-than-expected earnings and announced an additional $70 billion in stock buybacks.
Alphabet said first-quarter earnings were $1.17 a share, compared to the consensus estimate of $1.08, according to FactSet. Revenue of $69.79 billion was ahead of expectations for $68.89 billion.
Source: https://www.barrons.com/articles/alphabet-google-earnings-stock-price-363f8c6a?siteid=yhoof2&yptr=yahoo