Alphabet Achieves New High on Strong Q1 Earnings
- Alphabet’s stock reached an intraday high of $355.79, with an 8% surge in early trading.
- Q1 revenue reported at $109.9 billion, a 22% year-over-year increase.
- Net income nearly doubled to $62.6 billion from the previous year’s $34.5 billion.
- Google Cloud achieved $20 billion in quarterly revenue, a 63% rise year-over-year.
- Google Search and YouTube ad revenues grew by 19% and 11%, respectively.
Alphabet’s strong financial performance, highlighted by significant growth across various segments, has propelled its stock to record highs, showcasing robust market confidence.
Source (3.2)https://cryptobriefing.com/google-parent-alphabet-set-open-fresh-record-blowout-earnings-q1-2026/?rand=59535
