Current location:politics >>
Google parent reports another quarter of robust growth, rolls out first
politics219People have gathered around
IntroductionGoogle’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still r ...
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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gazetteer news portal”。http://samoa.carpetcleaningepping.com/news-73a599379.html
Related articles
Polish prosecutors open investigation after judge flees to autocratic Belarus
politicsWARSAW, Poland (AP) — Polish prosecutors opened an investigation Monday after a Polish judge fled to ...
【politics】
Read moreLewis Morgan's goal helps Red Bulls play Whitecaps to 1
politicsHARRISON, N.J. (AP) — Lewis Morgan scored his seventh goal of the season, Carlos Coronel had three s ...
【politics】
Read moreTroops set for 'on
politicsBritish troops may be deployed on the ground in Gaza to help deliver aid.UK soldiers are already hel ...
【politics】
Read more
Popular articles
- Atalanta comes from behind to beat Salernitana and improve Champions League chances
- World's best city can't have four more years of its worst
- Taxpayers could be on the hook for a multi
- LeBron scores 30, and the Lakers avoid 1st
- Emerging trends for upcoming May Day holiday
- Saints fill need at offensive tackle, add depth at cornerback and QB during NFL draft
Latest articles
LINKS
- Former BYU teammates Patrick Fishburn and Zach Blair lead Zurich Classic of New Orleans
- Sean 'Diddy' Combs dismisses some claims in sexual assault lawsuit
- Oregon university pauses gifts and grants from Boeing in response to student and faculty demands
- Chiefs address biggest concerns in NFL draft with selections of wide receiver and offensive tackle
- Baltimore bridge collapse: Loved ones await recovery of 2 bodies from wreckage
- Montreal’s Ann
- The Giants got a big
- Chiefs address biggest concerns in NFL draft with selections of wide receiver and offensive tackle
- Ceddanne Rafaela homers, drives in 7 runs to lead Boston's 17
- Israel receives Hamas's response to Gaza truce proposal: official