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Options Market Statistics: Strong AI Data Center Demand Boosts NVIDIA Stock; Options Pop
Express News | Tech giants extend gains in overnight trading, Google soars 5% as Q1 income beats and it announced a $70 billion buyback plan; Nvidia, Amazon and Tesla rise over 1%. Intel drops 5% on outlook, despite Q1 results beating.
Alphabet Inc. (GOOG) Q1 2025 Earnings Call Transcript Summary
'Yahoo Is Ready to Buy Chrome Browser If Google Is Forced to Sell'- Bloomberg
Google's advertising business remains strong, with Net income increasing by 46%. It will continue to expand capital expenditures, and the stock price rose 6% after hours | Earnings Reports insights.
Alphabet, Google's parent company, announced its first-quarter results after the market close on Thursday, showing that its revenue and profit exceeded Analyst expectations due to the strong performance of its search advertising business, which partially offset the impact of slowing growth in its Cloud Computing division. Additionally, with a significant increase in capital expenditures in the first quarter, the company indicated that it would continue to substantially raise capital expenditures, stimulating the stock price to rise temporarily by 6% after hours.
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