Alphabet Share Buyback, Microsoft Cloud Growth, and March PCE 4/26//24

Google-parent Alphabet is buying back $70 billion worth of shares and instituting its first-ever dividend. Arete Research's Richard Kramer breaks down the quarter. Plus, huge sales growth in the cloud and even bigger bets in AI may not be enough to prop up Microsoft's guidance. Oppenheimer's Timothy Horan dives into the results. And, the markets are coming off a whipsaw session ahead of fresh inflation data. Hargreaves Landsdown's Sophie Lund-Yates, The Carson Group's Ryan Detrick, and Citi's Beata Manthey discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.