GOOGL is trading at $373.09, up 6.6% from the April 29 close of $349.94, following a significant Q1 earnings beat driven by strong AI and cloud performance.
- Alphabet reported $109.9 billion in revenue (22% YoY growth), comfortably exceeding Wall Street consensus estimates of approximately $107 billion.
- The results triggered immediate buying pressure in after-hours trading as investors rewarded the company's execution amid broader tech sector uncertainty.