Current location:Cosmic Chronicle news portal > business
Google parent reports another quarter of robust growth, rolls out first
Cosmic Chronicle news portal2024-04-26 13:04:55【business】1People have gathered around
IntroductionGoogle’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still r
Google’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence.
The results for the first three months of the year provided the latest evidence that Google has regained its momentum after an unprecedented downturn in 2022 coming out of the pandemic.
Alphabet punctuated its renewed vigor by also disclosing plans to begin paying shareholders a quarterly dividend for the first time since since Google went public 20 years ago. It’s something that two older technology powerhouses, Microsoft and Apple, have been doing for years. Alphabet’s quarterly dividend of 20 cents per share will be paid June 17.
Investing.com analyst Thomas Monteiro praised the decision to pay a dividend as “a breath of fresh air for the tech market” that should also make investors more likely to support the increased amounts that Google will likely need to spend on developing AI products that could take years to pay off.
Address of this article:http://qomyqacaxyzutume.allesfuersjagen.com/apocalypse-2000-book-24567ul.php
Very good!(26)
Related articles
- Amendments to Missouri Constitution are on the line amid GOP infighting
- China's non
- Handy with fashion tech
- World Conference on Integrated Circuits 2022 kicks off in China's Hefei
- US applications for jobless claims fall to lowest level in 9 weeks
- Luxury shopping over extended holiday heating up
- China's Earth science satellite transmits images home
- Huawei launches HarmonyOS 2 for smartphones
- Why Harvey Weinstein's New York rape conviction was tossed
- China prepares to launch space station core module
Popular articles
Recommended
Pakistan women's great Bismah Maroof retires from international cricket
More than 641 million parcels delivered over Spring Festival holiday
China's mobile phone shipment tops 33 mln in January
Xi to Attend Martyrs' Day Event to Pay Tribute to Fallen Heroes
Windmill sails at Moulin Rouge have collapsed
Peng Liyuan Attends UNESCO Award Ceremony for Girls', Women's Education
Cotton harvest season starts in Xinjiang
China's first Mars rover named Zhurong
Links
- Novel coronavirus has existed worldwide before emerging in China: Oxford University expert
- World should act as one when it needs China to play a role in creating economic growth
- Peng Liyuan Visits Vietnam National University, Hanoi
- Chinese Vice Foreign Minister Ma Zhaoxu to attend G20 meeting: spokesperson
- Philippines, China cooperate to crack down on illegal offshore gambling
- China, Africa push for healthier communities
- China prepares to launch relay satellite for moon mission in Hainan
- 1st batch of CanSino COVID
- Desert locusts seen in Sanaa, Yemen
- Xi Urges Guangxi to Write Its Chapter in Chinese Modernization