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Google and Amazon Cloud Revenue Surges, Meta Tanks After Earnings
Published 1 month, 1 week ago
Description
Market update for Thursday April 30, 2026
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In today’s episode, Zaid covers:
- Jerome Powell's last Fed meeting and what comes next
- Google crushes earnings, cloud revenue surges 63% to $20B
- Amazon's AWS grows 28%, fastest pace in nearly four years
- Microsoft beats estimates but stock drops as cloud momentum stalls
- Meta revenue jumps 33% but stock tanks on raised AI spending and user decline
- Eli Lilly blows past estimates, Zepbound and Mounjaro sales skyrocket
- Fun fact; 69% of Polymarket traders are losing money