Alphabet Q1: Excellent Results, Strong Buy

  • Alphabet Inc., aka Google, reported strong Q1 earnings, beating estimates on both revenue and GAAP EPS, driving a 4% stock increase. Key growth areas include Google Search, YouTube, and Google Cloud, with a notable 12% revenue growth and 49% EPS growth. Alphabet's strong balance sheet supports significant capital expenditures and shareholder returns, including a new $70 billion share repurchase authorization.