Alphabet Rises After Earnings Beat as Meta, Amazon and Microsoft Shares Fall

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Alphabet rose 3.9% after its fiscal first-quarter revenue climbed 22% to nearly $110 billion and beat analysts’ expectations. Amazon, Meta, and Microsoft also reported strong growth, but their shares fell after the market close, with Meta down more than 5%. Meta kept sales guidance in line with expectations and raised capital expenditure plans for this year, citing higher component prices and some added data center costs.

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