Alphabet’s blowout earnings may mark the peak for this year — but the stock’s still a good buy

Investors have spent the better part of the year dumping high-risk tech stocks in fear of a macroeconomic slowdown. All the while, Alphabet Inc. was riding out a solid first quarter.

On Thursday, the Google parent company .css-8459s-OverridedLink.css-8459s-OverridedLink:any-link{-webkit-text-decoration:none;text-decoration:none;color:var(--color-interactiveLink010, interactiveLink010);border-bottom:1px solid;border-bottom-color:var(--color-interactiveLink010, interactiveLink010);}.



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01, while revenue came in at $90.2 billion, beating expectations for $89.2 billion.

Additionally, the company announced a new $70 billion share-buyback program and said it would increase its dividend by 5%..