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Alphabet Inc. reported strong Q1 earnings and revenue, despite fluctuating institutional ownership.
Alphabet Inc. saw its share ownership fluctuate in the first quarter, with some institutions like Mathes Company Inc. reducing their holdings by 43.9%, while others like Capital Research Global Investors increased their stake.
Alphabet reported strong earnings of $2.81 per share, up from $1.89 in the same period last year, and revenue of $90.23 billion, surpassing expectations.
The company's market capitalization is $2.20 trillion, and analysts predict an EPS of 8.89 for the current year.
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Alphabet Inc. reportó fuertes ganancias e ingresos del primer trimestre, a pesar de la fluctuación de la propiedad institucional.