Alphabet Exceeds Earnings Estimates, Drives Stock Momentum
Alphabet (GOOGL) reported Q1 FY2026 earnings of $5.11 per share, far exceeding the estimated $2.63 and marking a 94% surprise. Revenue rose to $109.896 billion with an operating margin expansion to 36%. The strong performance has pushed Alphabet's stock higher, potentially positioning it as a leader among Mag 7 stocks.
Topics: AI cloud computing earnings Mag 7 stock performance