TMTB: GOOGL AMZN META MSFT First takes

Apr 29, 2026

∙ Paid

GOOGL +4%: Looks v solid all around with 63% GCP growth, search growing 19% vs bogeys of 18% while YT was inline. EPS helped by one time gain on anthropic stake

Q1 2026:
Revenue $109.9B, +22% y/y (last Q +18% y/y) vs Street $107.1B BEAT (+2.3%)
EPS $5.11, +82% y/y (last Q +24% y/y) vs Street $2.81 BEAT (+81.6%)
Google Search Revenue $60.4B, +19% y/y vs. bogeys of 18% and expects of 16%
YouTube Ads Revenue $9.9B, +11% y/y, a little light
Google Cloud Revenue $20.0B, +63% y/y, hit the 6 handle that bogeys wanted.

AMZN -2%: A bit mixed. AWS missed bogeys at 28% vs 3 handle expectations, but overall revs and Q2 top line guidance very solid. Q2 OI inc guide slightly below street as expected. All comes down to how Jassy sounds on fwd AWS growth on the call

TMTB: GOOGL AMZN META MSFT First takes

GOOGL +4%: Looks v solid all around with 63% GCP growth, search growing 19% vs bogeys of 18% while YT was inline. EPS helped by one time gain on anthropic stake

AMZN -2%: A bit mixed. AWS missed bogeys at 28% vs 3 handle expectations, but overall revs and Q2 top line guidance very solid. Q2 OI inc guide slightly below street as expected. All comes down to how Jassy sounds on fwd AWS growth on the call

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