Alphabet’s blowout earnings may mark the peak for this year — but the stock’s still a good buy - MarketWatch
1. Alphabet reported Q1 earnings of $2.81, surpassing estimates. 2. The company announced a $70 billion share buyback and a 5% dividend increase. 3. Advertising revenue hit $66.9 billion, a year-on-year increase of 8.5%. 4. Cloud services revenue rose to $12.26 billion, a 28.1% increase from last year. 5. Investors have heavily sold GOOGL stock, creating a potential buying opportunity.