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businessApr 30, 202610:15pending

Google and Amazon Cloud Revenue Surges, Meta Tanks After Earnings

The Rundown

About this episode

Market update for Thursday April 30, 2026

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In today’s episode, Zaid covers:

  • Jerome Powell's last Fed meeting and what comes next
  • Google crushes earnings, cloud revenue surges 63% to $20B
  • Amazon's AWS grows 28%, fastest pace in nearly four years
  • Microsoft beats estimates but stock drops as cloud momentum stalls
  • Meta revenue jumps 33% but stock tanks on raised AI spending and user decline
  • Eli Lilly blows past estimates, Zepbound and Mounjaro sales skyrocket
  • Fun fact; 69% of Polymarket traders are losing money

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Google and Amazon Cloud Revenue Surges, Meta Tanks After Earnings

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