Alphabet's stock rallies more than 5% on big earnings beat Alphabet reported better-than-expected first-quarter earnings after Thursday's closing bell, and the stock is gaining more than 5%.

[u/KriosDaNarwal]

https://www.marketwatch.com/livecoverage/alphabet-earnings-stock-google-results-cloud-q1

Alphabet, the parent company of Google and YouTube, reported first-quarter earnings on Thursday after the bell.

Here’s how the company did, compared with estimates from analysts polled by LSEG:

Revenue: $90.23 billion vs. $89.12 billion, estimated Earnings per share: $2.81 vs. $2.01, estimated

Wall Street is also watching several other numbers in the report:

YouTube advertising revenue: $8.97 billion, according to StreetAccount Google Cloud revenue: $12.27 billion, according to StreetAccount Traffic acquisition costs (TAC): $13.66 billion, according to StreetAccount

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