Google shares hit all-time high on blowout earnings, market cap doubles to $4.4 trillion in just a year

Fortune — Apr 30, 14:19 PM

Alphabet revenue grew 81% to $62.6 billion and the market celebrated with the creation of $250 billion of shareholder wealth in one day.

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Big Tech AI spending hits $700B

Investors grapple with Big Tech's AI spending spree Semafor — Apr 30, 22:21 PM
Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand CNBC — Apr 30, 15:58 PM
Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends Fortune — Apr 30, 18:29 PM
US Big Tech Ratchets Up AI Spending Past $700 Billion This Year Bloomberg — Apr 30, 08:04 AM
Big Tech’s AI payback might be coming into view Financial Times — Apr 30, 16:16 PM