Microsoft, Amazon, Alphabet and Meta report earnings as AI spending reaches $650 billion

The four U.S. Big Tech companies reported results on April 29, with Microsoft and Amazon described as strong, while Meta showed faster user growth but faced concern over higher capital expenditure.

31d ago

Summary

Four major U.S. technology companies—Microsoft, Alphabet (Google parent company), Amazon and Meta—reported earnings on April 29. The source says Microsoft and Amazon delivered solid results, while Meta posted accelerating user growth but also drew concern over a higher capital expenditure plan. It adds that combined artificial intelligence investment in 2026 is expected to reach $650 billion, which it describes as the largest level in these companies’ histories. The source also notes that strong earnings did not prevent share-price declines, citing Amazon stock falling back despite steady growth in its cloud business. The update highlights how markets are weighing AI expansion and infrastructure spending against operating performance.

Terms & Concepts

Capital expenditure: Corporate spending on long-term assets such as data centers, chips and computing infrastructure, often watched closely when companies expand AI capacity.
Cloud business: A company segment that sells computing, storage and software services over the internet, often a major profit and growth driver for large technology firms.
Artificial intelligence investment: Spending on AI models, data centers, semiconductors and related infrastructure used to build and run machine-learning systems.