Alphabet stock is up 4% after hours as earnings show Google ad sales held steady

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Alphabet Inc.’s stock rose 1.4% in extended trading Tuesday after Google’s parent company reported quarterly results that slightly topped analysts’ revenue and earnings estimates.

Alphabet also said its board of directors authorized $70 billion in share repurchases.

“Resilience in Search and momentum in Cloud resulted in Q1 consolidated revenues…

This article was originally published by Marketwatch.com. Read the original article here.

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