Mag 7 hyperscalers crush Q1 expectations

by

Alphabet, Microsoft, Amazon, and Meta all report massive beats after the bell…
Google Cloud explodes 63%; Azure hits 40%; AWS speeds to 28% growth…
Total “Mag 4” cloud backlog now north of $1 trillion as enterprise AI takes root…
Market verdict: The “OpenAI revenue miss” rumor was a bear trap for tech bulls…

Alphabet revenue hits $110B as cloud backlog doubles
Google Cloud revenue reaches $20B milestones; backlog surges to $460B…
EPS hits $5.11, nearly double the analyst consensus of $2.63…
Pichai: “2026 is off to a terrific start” as Gemini integration yields real cash…
Stock reaction: GOOGL surges in after-hours as “the comeback” narrative solidifies…

Microsoft AI business hits $37B annual run rateAzure growth (40%) tops guidance; total revenue reaches $82.9B (+18% YoY)…
Nadella: AI business up 123% YoY; RPO (Backlog) hits staggering $627B…
Microsoft ignores OpenAI “noise,” proves direct monetization of LLMs in the cloud…
Net income climbs 23% to $31.8B; “Infinite Compute” spending pays off early…

AWS growth hits 15-quarter high of 28%
Andy Jassy: “Fastest growth in nearly 4 years” on a massive revenue base…
Amazon Leo satellite network and “Project Hail Mary” propel consumer sentiment…
The “Cash Flow Catch”: FCF drops to $1.2B as capex for AI data centers hits $147B…
Advertising business now a $70B annual engine; operating income “demolishes” guidance…

Zuck doubles down on $145B capex forecast
Revenue jumps 33% to $56.3B; EPS beats at $10.44 per share…
“Family of Apps” generates record $55.9B; ad engine running at peak efficiency…
The Price of Power: 2026 capex guidance raised to $125B-$145B on “component issues”…
Wall Street jitters: Record profits being poured into the furnace of the AI arms race…

 

MAG 4 CLOUD RECKONING: Q1 2026 EARNINGS

Company Cloud Growth Key AI Intelligence Source Link
Alphabet +63% Google Cloud hits $20.03B; Backlog nearly doubles to $460B+. Alphabet Q1 Report
Microsoft +40% Azure demand remains “supply constrained”; Bookings grew 112% via OpenAI. MS Dynamics World
Amazon +28% AWS net sales hit $181.5B (total co); Anthropic gains boost net income to $30.3B. Stock Titan AMZN
Meta +33% Total Revenue hits $56.3B; Capex raised to $145B to fuel “Llama 4” infrastructure. Meta 8-K Filing