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Alphabet to pay first-ever quarterly dividend, $70B buyback

In a historic move, Alphabet Inc. (GOOG, GOOGL) has approved a $70 billion share repurchase program and it's first-ever quarterly dividend. The dividend, set at $0.20 per share, will be distributed to eligible shareholders on June 17, 2024. Yahoo Finance's Julie Hyman breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

Yahoo Finance Video 20 minutes ago

GOOG
Roku warns of ad-supported streaming competition, stock slides

Roku (ROKU) stock is trading lower on Friday as the company cautioned that the financial advantages stemming from price hikes are beginning to dissipate. The streamer also warned that heightened competition in the ad-supported streaming space could create a significant headwind. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

ROKU
Chevron, Exxon face energy headwinds, lower profits in Q1

Exxon Mobil (XOM) and Chevron (CVX) reported their first quarter earnings, with both companies revealing a fall in revenue for the quarter compared to the same period last year. However, both companies beat Wall Street expectations for revenue for the quarter. Chevron claims the revenue drop is partly due to lower margins on refined product sales. Yahoo Finance Reporter Ines Ferre joins The Morning Brief to analyze the latest developments for these companies and what they mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

Yahoo Finance Video 2 hours ago

XOM

CVX
Chevron, Exxon stocks fall as lower refining margins, falling natural gas prices hit profits

Chevron and ExxonMobil said EPS dropped from a year earlier as they grappled with lower natural gas prices and refining margins.

Yahoo Finance 6 hours ago

CVX

PXD

XOM
Rubrik CEO says he's hungry as ever, while the Microsoft-backed firm sizzles on IPO day

Rubrik comes out of the gate hot on its IPO day, selling a story of protecting data in the age of AI.

Yahoo Finance 18 hours ago

MSFT

IBM

CRWD
Snap stock surges on positive Q2 forecast

Shares of Snap (SNAP) are surging in after-hours trading. The company reported its first quarter results, revealing a revenue of $1.19 billion for the quarter, a gain of 21% year-over-year, versus an estimated $1.12 billion. Adjusted earnings per share of $0.03 was much better than the $0.05 loss Wall Street was expecting.  The company also reported a total of 422 million active daily users for the quarter, a 10% gain year-over-year.  In addition, Snap posted an upbeat forecast for the second quarter, placing revenue between $1.23 billion to $1.26 billion, topping estimates of $1.21 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down Snap's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

Yahoo Finance Video 19 hours ago

SNAP
Intel reports better than expected Q1 earnings but falls short on revenue outlook. Stock slides more than 5%.

Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.

Yahoo Finance 20 hours ago

QCOM

INTC

NVDA
Why ResMed Stock Is Soaring Today

Investors liked the healthcare technology company's latest quarterly update.

Motley Fool 10 minutes ago

RMD
Surging Alphabet Stock Leads Broad-Based Tech Rally; Nvidia Makes Bullish Move

The Nasdaq composite rallied sharply in the stock market today, helped by strong earnings reports from Microsoft and Google-parent Alphabet.

Investor's Business Daily 16 minutes ago

GOOG

COMP

MSFT
Alphabet Leaps Into $2 Trillion Club as Results Show AI Strength

(Bloomberg) -- Alphabet Inc. jumped decisively above a $2 trillion market capitalization on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchUS

Bloomberg 26 minutes ago

GOOG
ResMed Stock Jumps After Earnings, Revenue Beats

Shares of ResMed jumped Friday, making the medical device company the morning's biggest mover on the S&P 500. Margins improved as overhead costs and research & development costs held relatively flat.

The Wall Street Journal 34 minutes ago

RMD

RSMDF

^GSPC
Why Skechers Stock Skyrocketed to an All-Time High Today

The footwear company delivered record quarterly results.

Motley Fool 35 minutes ago

SKX
Update: Alphabet Shares Rise After Q1 Earnings, Sales Jump

Update: Alphabet Shares Rise After Q1 Earnings, Sales Jump

PREMIUM
MT Newswires 40 minutes ago

GOOG
Stock Market Rebounds; Tesla, Microsoft, Google, Meta, Chipotle, GE In Focus: Weekly Review

The stock market rebounded this week fueled by big-cap earnings winners Microsoft, Tesla, Google, GE and Chipotle. Meta was a notable loser.

Investor's Business Daily 44 minutes ago

TSLA

META

GOOG
AI Chip Leader Arm Stock Plunges 31%, Is It A Buy Right Now?

AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?

Investor's Business Daily 45 minutes ago

GOOG
Exxon Plunges After Surprise Refining Outlays Hurt Returns

(Bloomberg) -- Exxon Mobil Corp. plunged the most in six months after higher-than-expected maintenance costs diminished oil-refining results. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesExxon dropped as much

Bloomberg 1 hour ago

XOM

CVX

HES
Magnificent Seven Stocks: Nvidia Stock Surges; Alphabet, Microsoft Jump On Earnings

Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.

Investor's Business Daily 1 hour ago

NVDA

AAPL

TSLA
Q1 2024 Intel Corp Earnings Call

Q1 2024 Intel Corp Earnings Call

Thomson Reuters StreetEvents 1 hour ago

INTC

MBLY
Google Stock Jumps On Earnings Beat, Dividend, New AI 'Narrative'

Google stock soared after parent Alphabet reported first-quarter earnings and revenue that handily beat consensus estimates.

Investor's Business Daily 1 hour ago

GOOG
Exxon and Chevron Stocks Fall After Earnings. The Bar Was High.

With shares of Exxon Mobil and Chevron near their 52-week highs, the companies faced a high bar for their first-quarter earnings reports, both of which were released early on Friday. Chevron, which beat analysts’ earnings estimates by a penny, was down 0.8%. Exxon, which missed estimates, was down 3.6%.

Barrons.com 1 hour ago

CVX

XOM

Performance Overview

Return	6633.KL	FTSE Bursa Malaysia KLCI
YTD	+4.00%	+8.28%
1-Year	+11.46%	+10.52%
3-Year	-18.25%	-2.07%

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Related News

Alphabet to pay first-ever quarterly dividend, $70B buyback

Roku warns of ad-supported streaming competition, stock slides

Chevron, Exxon face energy headwinds, lower profits in Q1

Chevron, Exxon stocks fall as lower refining margins, falling natural gas prices hit profits

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Snap stock surges on positive Q2 forecast

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Google Stock Jumps On Earnings Beat, Dividend, New AI 'Narrative'

Exxon and Chevron Stocks Fall After Earnings. The Bar Was High.

Performance Overview