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Big Tech Stocks Diverge: Will they boost the market again?
On April 30, $Amazon (AMZN.US)$ Q1 earnings and revenue beat forecastson, with a 36.14% profit surge, powered by ad and cloud sectors. Modera Show More
On April 30, $Amazon (AMZN.US)$ Q1 earnings and revenue beat forecastson, with a 36.14% profit surge, powered by ad and cloud sectors. Moderate growth trend is projected for Q2.

Investors breathed a sigh of relief at the earnings of Big Techs as $Alphabet-C (GOOG.US)$ beat revenue and declared a dividend for the first quarter. $Microsoft (MSFT.US)$ also beat estimates, boosted by enterprise demand for cloud and AI products.

The disappointing earnings from $Meta Platforms (META.US)$ put investors on edge ahead of other "Magnificent 7" stocks' earnings. During the earnings call, Zuckerberg discussed investments in eyewear, mixed reality technology and other projects, none of which will be profitable in the near term.

While investors are excited about the prospect of AI, they also want tech companies to continue to focus on revenue and profits. Expectations for tech stocks will remain high as first-quarter GDP data reignites the "stagflation" debate.
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