Alphabet Q1 Results: Google parent beats estimates with $67.6 billion revenue, declares first dividend; shares soar

Google's parent company, Alphabet, reported Q1 net income for the quarter at $1.89 per share, topping forecasts of $1.53 per share. Alphabet also declared its first-ever dividend at 20 cents per share, and confirmed plans to repurchase another $70 billion in stock. Its shares soared 13%.
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