Alphabet Inc.’s earnings were a bit better than Wall Street had expected. But will that beat really matter for the company’s stock? Bernstein Research analyst Mark Shmulik said in a note to clients that Alphabet by most accounts,

Alphabet Inc. (NASDAQ: GOOGL), the parent company of Google, is clearly one of the most fundamentally sound and strategically set companies in the global stock

Class A shares of Alphabet Inc (NASDAQ: GOOGL) are up 3.3% at $164.52, after the Google and YouTube parent topped Wall Street expectations with its first-quarter report. The company posted earnings of $2.81 per share on revenue of $90.23 billion, beating analyst estimates of $2.01 per share and $89.12 billion.