Alphabet Margins, Expenses Are Key as Stock Hits Record

Shares of Google parent Alphabet Inc. could extend a move deeper into record territory if first-quarter results Monday afternoon show that the company’s margins are stabilizing.

Alphabet has lagged behind the rest of the co-called FAANG quintet in 2019, but it was the first of the group to fully recover from losses incurred in the tail end of 2018. Shares rose as much as 1.5 percent in afternoon trading ahead of the release, with the stock hitting an intraday record.