We’re raising our price target on Amazon by $50 after killer quarter

Shares of Amazon rose after the tech giant reported stronger-than-expected first-quarter results, driven by a continued acceleration of growth in its Amazon Web Services unit. Revenue increased 17% year over year to $181.52 billion, beating the consensus analyst estimate of $177.3 billion, according to LSEG data. Earnings per share based on generally accepted accounting principles…

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Investors trust Google more than Meta when comes to spending on AI

Sundar Pichai, CEO of Alphabet. Source: Alphabet Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they’re going to keep pouring money into artificial intelligence infrastructure. But despite their similarly upbeat…

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Alphabet (GOOGL) Q1 2026 earnings

Google CEO Sundar Pichai looks on during the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | AFP | Getty Images Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business. Shares climbed following the report. Earnings per share: $5.11 Revenue: $109.9…

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