Alphabet sets profit record, plans $ 50 billion…
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We will approach the topical information management tool that is causing a boom all over the world as a "God app".
By Paresh Dave and Subrat Patnaik (Reuters) – Google parent Alphabet Inc on Tuesday reported record profit for the second consecutive quarter and a $ 50 billion share buyback but warned a surge in usage and ad sales during the pandemic may slow as people resume in-person activities. With online consumer activity remaining elevated in the first quarter, Alphabet beat analysts' profit estimates and nearly surpassed the sales record it set in the fourth quarter. Google ad sales jumped 32% in the first quarter compared with a year ago, above expectations of analysts tracked by Refinitiv. Cloud sal… → Continue reading
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