Alphabet Inc. outperformed expectations in Q1, demonstrating robust revenue growth fueled primarily by its expanding cloud computing segment. The company reported a staggering $67.6 billion in sales, surpassing analysts' estimates of $66.1 billion. Notably, its net income stood at $1.89 per share, surpassing the anticipated $1.53. This stellar performance prompted Alphabet to announce its inaugural dividend of 20 cents per share, alongside a substantial $70 billion stock repurchase plan. Despite trailing behind industry giants Amazon and Microsoft in cloud computing, Alphabet's strategic investments in AI are proving pivotal in enhancing its cloud services.