New York Post1 month agoTech industryAmazon posts 13% jump in sales, sending shares higher - but fails to deliver dividendAmazon forecasts lower Q2 revenue due to cautious business spending on cloud services. [ more ]
Deadline1 month agoTech industryYouTube Q1 Ad Sales Top $8 Billion As Parent Alphabet Declares First Ever Dividend, Shares PopAlphabet surpassed revenue expectations driven by ad growth and announced its first dividend. Alphabet recorded significant increases in advertising revenue from Google Search and YouTube ads. The company authorized a buyback of up to $70 billion in shares. [ more ]
The Globe and Mail1 month agoArtificial intelligenceGoogle parent Alphabet announces first-ever dividend of 20 cents per shareAlphabet announced its first dividend amidst heavy investment in data centers for AI. Alphabet saw a 13% stock rise post-dividend announcement and beat revenue estimates. Google Cloud's 28% revenue growth in Q1 was propelled by demand for generative AI tools. [ more ]
Deadline1 month agoTech industryYouTube Q1 Ad Sales Top $8 Billion As Parent Alphabet Declares First Ever Dividend, Shares PopAlphabet surpassed revenue expectations driven by ad growth and announced its first dividend. Alphabet recorded significant increases in advertising revenue from Google Search and YouTube ads. The company authorized a buyback of up to $70 billion in shares. [ more ]
The Globe and Mail1 month agoArtificial intelligenceGoogle parent Alphabet announces first-ever dividend of 20 cents per shareAlphabet announced its first dividend amidst heavy investment in data centers for AI. Alphabet saw a 13% stock rise post-dividend announcement and beat revenue estimates. Google Cloud's 28% revenue growth in Q1 was propelled by demand for generative AI tools. [ more ]