Alphabet shares rose in premarket trading Friday after the company reported better-than-expected first-quarter earnings. The tech giant reported earnings per share of $2.81, beating the $2.01 estimate and rising from $1.89 a year earlier. Quarterly revenue reached $90.23 billion, topping expectations and marking a 12% year-over-year increase. CEO Sundar Pichai said the company's strong results reflect broad business momentum driven by its full stack approach to AI. Alphabet stock rose 5.5% in premarket trading after releasing its earnings results late Thursday.
