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How GOOGL's earnings surge and META's capex hike shaped markets amid oil rally — Market Wrap Apr 30, 2026
Today's AI insights from 7horns.ai highlight a mixed US market with Alphabet (GOOGL) soaring 6.1% after beating Q1 revenue and EPS estimates, driven by a 63% cloud revenue surge and a raised $190B capex outlook. Meanwhile, Meta Platforms (META) plunged nearly 9% despite beating earnings, as investors reacted negatively to its increased 2026 capital expenditure guidance citing higher AI data center costs. Amazon gained 2.4% following strong earnings, while Microsoft slipped 1.9% after disappointing cloud growth. Commodities also played a significant role, with crude oil futures up nearly 7%…
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