Alphabet Q1 results beat estimates, spending may rise to $190 billion; Stock jumps
Shares of Google-parent Alphabet Inc. jumped in extended trading on Wednesday, April 29, after the company reported results that topped analyst expectations led by a strong performance of its cloud business. Alphabet reported revenue of $109.9 billion during the January-March period, higher than expectations of $107.2 billion. Earnings Per Share (EPS) stood at $5.11. The…
