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Nebius Sales Explode 684% on AI Data Centers
Cloud provider Nebius Group NV posted a 684% first-quarter sales surge. Growth fueled by booming demand for its AI data centers. Highlights intensifying AI infrastructure needs.
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Tag: #cloud-growth16 results
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Wall Street Rejects Blind AI Spending
Five tech giants beat earnings expectations with ~$150B combined profits, but stocks diverged sharply due to massive AI infrastructure capex without clear ROI. Google rose 10% on cloud growth tying to revenue; Meta, Microsoft, Amazon fell on uncertain returns and narrative shifts. Apple gained 4% by prioritizing buybacks over AI arms race.
Alphabet Cloud Hits $20B, Stock Soars 10%
Alphabet's Q1 revenue reached $109.9 billion, up 22% year-over-year and beating estimates by nearly $3 billion. Google Cloud achieved $20 billion in quarterly revenue for the first time, growing 63%. Shares rose nearly 10% following the report.
Amazon Q1 Profit Up 77%, AWS AI Surge
Amazon Q1 sales hit $181.5B up 17%, profit $30.3B up 77% beating expectations. AWS revenue $37.6B grew 28%, fastest in 3 years on AI demand. Plans $200B 2026 capex for AI infra, partnerships with OpenAI/Anthropic, plus self-developed chips.
Anthropic Valuation Set for $900B Surge
Anthropic is gearing up for a new funding round that could value it beyond $900 billion. Alphabet's Q1 net profit soared 81% with Google Cloud topping $20B quarterly revenue for the first time. Microsoft Azure expanded 40% overall and 123% in AI, accelerating cloud momentum. China's token invocations reached 21,100 trillion last year.
AWS Eyes $600B Revenue by 2036 on AI
Amazon CEO Andy Jassy predicts AWS annual sales will reach $600B by 2036, driven by surging AI demand from customers. This optimism stems from deepening ties with OpenAI, including a $140B commitment over eight years on AWS servers. The partners are developing a new cloud service for custom AI agents powered by OpenAI tech to automate business tasks.
Alphabet Hits $4.6T Cap, Nears Nvidia Lead
Alphabet's stock surged 10% on April 30 after earnings beat expectations, lifting market cap to $4.6 trillion with 140% YTD gains. Google Cloud revenue broke $20 billion. The company is poised to surpass Nvidia's valuation.
MS Gaming Slumps, Cloud Surges on AI Bets
Microsoft's gaming business continues declining but strong cloud growth offsets consumer losses and eases AI investment concerns. Capex expected at $190B, up 61% YoY, with Q2 revenue growth of 13-15%.
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Microsoft Cloud Growth Disappoints AI Investors
Microsoft’s cloud business reported growth that narrowly beat analysts’ estimates. Investors remain concerned that the company isn’t fully capitalizing on surging AI service demand. This failed to ease broader AI investment worries.
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SAP Beats Estimates with AI Cloud Growth
SAP's cloud division reported stronger-than-expected Q1 revenue growth. The company is accelerating AI agent integration across its platform, as stated by CFO Dominik Asam.