[Bobbyvotes]

Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023.

[PeterPrinciple]

$70 billion buyback.

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That is one of the reasons stocks go higher. There is more money chasing few stocks.

Then inflation and other things.

[CapandBall]

I bought GOOGL in October 2020 ($81.21/share)… up 111.68% now.
Glad to hear it will start paying a divvy.