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Imagine waking up tomorrow and every journalist had been arrested or quit their jobs. What would the world look like without good-quality journalism? This seems like an unlikely scenario but globally independent journalism is under real threat and its future is uncertain.
Alphabet said Thursday that it's issuing a 20-cent per share dividend, the company's first ever, and that its board authorized the repurchase of up to $70 billion in stock.
Alphabet went into its earnings report on Thursday facing concerns about the growth of its core Google ads business and the company's ability to generate profits from its hefty investments in artificial intelligence.
Stock futures rose in overnight trading Thursday as Big Tech names Alphabet and Microsoft saw shares rally on strong earnings.
Alphabet will report first-quarter earnings after the bell Thursday.
The European Union on Monday began an investigation into Apple, Alphabet and Meta, in its first probe under the sweeping new Digital Markets Act tech legislation.
Alphabet shares closed up more than 4% on Monday following a report that tech giant Apple is in talks to license Gemini for future iPhones. Apple shares closed up under 1%.
The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap.