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Alphabet shares jump 12% on earnings beat, first-ever dividend

38 pointsby donsupremeabout 1 year ago

5 comments

addaonabout 1 year ago
Interesting that they think they're out of internal projects and acquisitions to (profitably) spend money on. Even more interesting that the stock seems to agree -- I guess investors already believed that growth is over, and are seeing this recognition of that as an alignment between reality and internal strategy.
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ulfwabout 1 year ago
So glad they fired so many people. Otherwise they might have gone bankrupt and the stock crashed to zero. Prevented just in time to announce record profits, stock surges to all-time highs and buybacks of $70,000,000,000 with all that salary money saved.
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ChrisArchitectabout 1 year ago
Related:<p><i>Google Earning Q1 2024 [pdf]</i><p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=40162354">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=40162354</a>
advisedwangabout 1 year ago
Google has been doing stock buybacks for years. Why are they pivoting to also doing a dividend? Bigger short term stock bump?
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nextworddevabout 1 year ago
Time to fade