April didn’t just rally — it rewrote the playbook for Wall Street momentum with the biggest tech earnings on a spree.
AI euphoria, blockbuster earnings, and relentless dip buying turned skeptics into believers.
But beneath the surge, soaring capex and execution risks are starting to test the narrative.
Earnings Snapshot
Microsoft Corporation (NASDAQ:MSFT) announced third-quarter financial results on Wednesday after market close. Company reported third-quarter revenue of $82.9 billion, up 18% year-over-year. The revenue total beat a Street consensus estimate of $81.39 billion according to data from Benzinga Pro.
Amazon.com Inc (NASDAQ:AMZN) reported first-quarter revenue of $181.52 billion, beating the consensus estimate of $177.30 billion.
Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) reported quarterly earnings of $5.11 per share, which blew past the analyst consensus estimate of $2.62 by 95.04%.
Meta Platforms Inc (NASDAQ:META) reported financial results for the first quarter on Wednesday after the bell. Meta expects second-quarter revenue to be in the range of $58 billion to $61 billion versus estimates of $59.50 billion.
Apple Inc. (NASDAQ:AAPL) reported revenue of $111.18 billion, up 17% year over year and above analyst estimates of $109.66 billion, while earnings came in at $2.01 per share versus estimates of $1.94.
Roblox Corp. (NYSE:RBLX) reported quarterly losses of 35 cents per share, which beat the analyst estimate for losses of 39 cents, according to Benzinga Pro data.
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