Stock Track | Alphabet Soars 5.58% in Pre-market on Strong Q1 Earnings, $70B Buyback Plan
Shares of Alphabet Inc. surged 5.58% in pre-market trading on Friday, following the tech giant's impressive first-quarter earnings report and announcement of a massive share repurchase program. The Google parent company not only beat Wall Street expectations but also signaled confidence in its future prospects amid ongoing AI innovations and cloud growth.In a move that further bolstered investor confidence, Alphabet's board authorized a new $70 billion share repurchase program and announced a 5