Alphabet unveiled another $70 billion share-buyback plan, the same amount it had in 2024 and 2023. That's about 74% of Alphabet's $95.3 billion in cash and equivalents as of the end of the quarter.
Alphabet's stock was essentially flat on the year heading into Wednesday's report, suggesting Wall Street wasn't sold on the company's AI positioning. But after the latest earnings, Oppenheimer ...