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Among the "Magnificent Seven" stocks that have reported earnings, only Alphabet saw a post-market gain.

2026-04-29 21:33

Odaily Planet Daily News As four of the "Magnificent Seven" stocks reported earnings after the market close, only Alphabet (GOOGL.O) seemed to perform well enough to please investors. Alphabet's fiscal first-quarter revenue rose 22% to nearly $110 billion, exceeding analyst expectations. Net profit was $62.6 billion, up 81% year-over-year. Additionally, the company's fiscal 2025 sales reached a record $403 billion, with profits hitting approximately $132 billion. After the strong earnings beat, Alphabet's stock price rose 3.9%. Its CEO, Sundar Pichai, unsurprisingly attributed much of the company's growth to its AI investments. Amazon, Meta Platforms, and Microsoft also reported strong growth, but their stock prices fell, with Meta declining by more than 5%. Meta's sales guidance met expectations, and the company also raised its capital expenditure plans for the year, reflecting higher component prices and, to a lesser extent, additional data center costs.