US Stock Market Move | Q1 performance exceeded expectations, Alphabet Inc. Class A (GOOGL.US) rose nearly 3%.

On Friday, Alphabet Inc. Class C (GOOGL.US) rose nearly 3%, closing at $162.74 per share. In terms of news, the company announced its first quarter earnings report for 2025 after the US market closed on Thursday, showing better-than-expected overall performance. Revenue for the first quarter reached $90.23 billion, exceeding analysts' expectations of $89.12 billion; earnings per share (EPS) were $2.81, significantly higher than the expected $2.01. In addition, Alphabet Inc. Class C announced plans to continue with $75 billion in capital expenditures and has initiated a $70 billion stock buyback program.