Alphabet brought in $90.2 billion of revenue in Q1, topping consensus analyst estimates of $89.2 billion, and $2.81 diluted earnings per share ($34.5 billion net income), smashing forecasts of $2.01 EPS ($24.8 billion net income), according to FactSet.

Shares of Google-parent Alphabet moved higher in late-trading Thursday after the company’s first-quarter earnings exceeded expectations.Earnings-per-share were solid at $2.81 versus Wall Street’s consensus estimate of $2.

Tesla's first-quarter earnings report itself was a disaster, but Musk gave investors some much-needed good news on the conference call.

Tesla stock (TSLA) has been under pressure for months, weighed down by concerns over the electric vehicle maker's profitability, a delayed robotaxi timeline, and questions about CEO Elon Musk’s focus.

Tesla CEO Elon Musk said his role as a special government employee will take much less of his time beginning very soon. The company also said it is on track to add a lower-priced vehicle to its lineup within the next two months.