Key Takeaways Alphabet beat Q1 earnings expectations by 39% with EPS of $2.81 compared to estimates of$2.02. Google Search, YouTube advertising, and Google Cloud each had double-digit revenue growth during Q1. The strong diversification in Alphabet's Q1 results couldn't have come at a better time.Alphabet (GOOGL)  shares had spiked as much as +4% in today’s trading session, with the tech conglomerate blowing away its Q1 earnings expectations after-market hours on Thursday.The strong diversification in it ...