Alphabet's revenue rose 15% in the first quarter to $80.54 billion, exceeding analyst projections. The company earned $23.66 billion, a 57% increase, and announced a quarterly dividend for the first time.
Investing.com analyst praised Alphabet's dividend decision, stating it's positive for the tech market and could bolster support for investing in long-term AI development.
Alphabet's CEO Sundar Pichai highlighted the company's strong position for future innovation, indicating positive growth momentum in the tech and AI sectors.
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