Alphabet stock rises on Q1 revenue, earnings beat
Alphabet (GOOG, GOOGL), the parent company of Google, reported first quarter earnings of $2.81 per share, well above the Bloomberg consensus estimate of $2.01. Revenue ex-TAC was $76.49 billion versus the expectation of $75.4 billion. The tech giant also announced a 5% increase in its dividend and a plan to repurchase up to an additional $70.0 billion worth of shares. Market Domination Anchor Julie Hyman, Yahoo Finance Reporter Josh Schafer, and Fundstrat Global Advisors managing director Mark Newton discuss the breaking numbers. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.