Alphabet Gets Lone Post Earnings Bump Among 'Mag 7' Cos Reporting -- Market Talk

Dow Jones
04/30

1635 ET - With four of the "Magnificent 7" reporting earnings after the bell, Alphabet alone seems to be doing enough to please investors. Shares of Google's parent company rise 3.9% after results beat expectations, with CEO Sundar Pichai unsurprisingly crediting AI investments underpinning much of the growth across the company. Amazon.com, Meta Platforms and Microsoft all also post robust growth, but shares are down out of the gate, with Meta down more than 5% The Facebook owner forecast sales for its current quarter that's in-line with expectation and also bumped up its capex plans for the year, reflecting higher prices for components and, to a lesser extent, additional data center costs. (paul.ziobro@wsj.com)

 

(END) Dow Jones Newswires

April 29, 2026 16:35 ET (20:35 GMT)

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