Daily Market Report – April 30, 2026

The US market rose today despite mixed reactions from Big Tech: The S&P 500 SPX increased by about 1.0%, the Nasdaq 100 NDX by 0.9%, and the Dow by around 1.6%.

In the earnings season, Alphabet GOOGL (results) was clearly rewarded: Revenue +22% to $109.9 billion, Google Cloud +63% to $20.0 billion, stock up about +10% today.

Meta Platforms META (results) was penalized: Revenue +33% to $56.31 billion, operating margin 41%, but Capex outlook $125 to $145 billion; the stock fell about 8.5% today.

Amazon AMZN (results) reported revenue +17% to $181.5 billion, AWS +28% to $37.6 billion, and closed slightly higher.

Microsoft MSFT (results) reported revenue +18% to $82.9 billion and Azure +40%, but lost about 3.9% because the market weighted higher AI investments more heavily than growth.