Google’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence.
The results for the first three months of the year provided the latest evidence that Google has regained its momentum after an unprecedented downturn in 2022 coming out of the pandemic.
Alphabet punctuated its renewed vigor by also disclosing plans to begin paying shareholders a quarterly dividend for the first time since since Google went public 20 years ago. It’s something that two older technology powerhouses, Microsoft and Apple, have been doing for years. Alphabet’s quarterly dividend of 20 cents per share will be paid June 17.
Investing.com analyst Thomas Monteiro praised the decision to pay a dividend as “a breath of fresh air for the tech market” that should also make investors more likely to support the increased amounts that Google will likely need to spend on developing AI products that could take years to pay off.
Related articles:
Related suggestion:
Colts snap record streak of 14 straight offensive players taken in NFL draft with UCLA DE LatuAdult film star Adam22 warns Kanye West NOT to put wife Bianca Censori in new Yeezy pornRepatriated South African apartheidKylie Minogue plays peekaboo in sparkling black dress as she's honored at the TIME 100 Gala in NYCGerman driver Nico Hülkenberg to leave Haas for Sauber next year ahead of Audi's arrival in F1Cyndi Lauper's rapper son Dex, 26, flashes peace sign as he arrives at NYC court handPolish and Lithuanian leaders oversee military drills along their shared borderBuffalo Bills make 2 deals to trade out of 1st round of NFL draft. Open 2nd round with first pickFleeing suspect fatally shot during gunfire exchange with police in northwest IndianaPanthers trade up into first round of NFL draft, select WR Xavier Legette from South Carolina
0.125s , 5129.3203125 kb
Copyright © 2024 Powered by Google parent reports another quarter of robust growth, rolls out first ,World Warp news portal