Alphabet stock surges 11% on blowout earnings and first dividend for Google owner

Alphabet shares surged in Friday's premarket after a blowout earnings report for the Google owner. Microsoft racked up more modest gains after doubling down on its AI spending spree. The S&P 500 and Nasdaq 100 were set to open higher thanks to the Big Tech giants' strong results. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're ...