Alphabet To Pay It's First Dividend 📱PI TCOM 📈 FCFS HOG 📉

FlowBank's hand-curated fresh financial news [header_noDither] Alphabet Announces First Dividend and $70 Billion Buyback Alphabet has declared its inaugural dividend of 20 cents per share and authorized a $70 billion stock repurchase, buoying its shares by 15% in after-hours trading following impressive first-quarter earnings. This move, mirroring Meta's recent dividend introduction, marks a new phase of financial maturity among tech giants, evidenced by broad investor approval and a significant share price surge. This strategic financial decision comes as Alphabet holds $108 billion in cash and marketable securities, and follows a year of intense cost-cutting measures and layoffs. WHAT'S MOVING [Group 1742 (79)-1] [Start Trading](113/cXx8Z04/VWXp9V6D-G1YW85s7d63PdZtPW861hN75dlB4lN7bK2-T2-ZVTW6N1vHY6lZ3nqW6smGf-2ZHR7tW750N2455ktKDW19QH3D37BXwJW1TrB5V6cx6KZVbN9Bz1-pQxGW1J4HVW5bsJ5jW1G7T3g41KQGdVGN7nx4_1pMQW1kNMLF9bJx_HW6CqCCG29ks7TVFP1FC19B_cVW2L4lqm7dVPCHN2G_sxycn70zW4f090-8pCMy5VQNFZ75yd--MW96bW2v1wBdJjW8CktJG2cxJb2W2X7Fst3zLMQ4W1sFjJd87F3TSW8TbZ433BqPtQVJLywq6W2-_-W44xZkM538z0Ff2fYkmv04) [Group 3 (74)-1] Microsoft Microsoft's fiscal Q3 results surpass expectations with earnings of $2.94 per share on $61.86 billion revenue; however, future revenue guidance of $64 billion falls short of the $64.5 billion forecast. [Group 1754 (23)-1] Intel Intel exceeds EPS estimates but falls short in sales, reporting $12.72 billion against the expected $12.78 billion; shares drop 8% following weak Q2 revenue forecast. [Group 1753 (25)] Snap Snap's Q1 results outperform analyst expectations with a 21% revenue increase to $1.19 billion and 422 million daily active users, boosting shares by over 23% in extended trading. WHAT'S COMING UP? USD: Core PCE Price Index (MoM) (Mar): Exp. 0.3% v Prev. 0.3% USD: Core PCE Price Index (YoY) (Mar): Exp. 2.6% v Prev. 2.8% IN OTHER NEWS Wall Street S&P 500 futures climbed Friday, boosted by rallies in Alphabet and Microsoft following strong earnings reports. Meanwhile, the Dow fell 375 points and both the S&P 500 and Nasdaq dropped by 0.5% and 0.6% respectively on Thursday, due to a sell-off triggered by U.S. economic data indicating a significant growth slowdown and ongoing inflation. [Group 1769] Europe European markets were set to open higher on Friday, recovering from a decline in the previous session. The Stoxx 600 index had closed lower on Thursday as investors reacted to numerous first-quarter earnings and news of a potential mining takeover bid. Key corporate announcements expected on Friday include reports from L’Oreal, TotalEnergies, and NatWest. MARKET INSIGHTS Dollar Faces A Make Or Break Moment The U.S. dollar is undergoing a consolidation phase following its strongest performance in over a year earlier this month, driven by a rush to safe-haven assets amidst geopolitical tensions in the Middle East. [Read more](113/cXx8Z04/VWXp9V6D-G1YW85s7d63PdZtPW861hN75dlB4lN7bK2-g2-ZVTW5BW0B06lZ3ktW8Hj2PS4y90CSW1kQw7114S7lqW3F3Q7Z6DnNqPW8g8rQw23qqbYW2Zc65F6xrXrRW1Nq41w2Vb6mPW1l3Gkr5mrWxDW7w8KnB5KpFtHW2zhDcS6J122nW6b3FWH8xpvvzN8f-Z76cm3MsW7ZJtTx28JMHKW8D-BpL969V_nW2BqXth6x_r_-W7jn0MK7l4sdnW8V6jBk8v51B5VktPpB8nhmBrW74Mk9f2JYNbXf8391dd04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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