Today: 30 April 2026
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EBR:TNET 1 June 2025 - 14 June 2025

Stock Market Today

  • Tech Giants Show Strong AI-Driven Growth Boosting US Stock Market Outlook
    April 29, 2026, 6:20 PM EDT. US tech giants Amazon, Alphabet, Microsoft, and Meta released quarterly results signaling a robust AI boom benefiting the stock market. Amazon, Alphabet, and Microsoft posted double-digit gains in cloud computing-driven by increased AI adoption, with Alphabet's Google Cloud up 63% year-on-year. Despite Meta missing expectations and its after-hours stock drop of over 5%, the companies' plans to spend $650 billion on AI infrastructure by 2026 highlight long-term confidence. Over 92,000 tech layoffs this year reflect industry shifts linked to AI investments. These results calm investor fears, suggesting significant revenue growth potential from AI-powered cloud services, with the Magnificent Seven stocks comprising over 30% of the S&P 500 market cap.

Latest article

Markel Stock Slides After $728 Million Investment Loss Masks Insurance Turnaround

Markel Stock Slides After $728 Million Investment Loss Masks Insurance Turnaround

30 April 2026
Markel Group posted a $212.3 million net loss for the first quarter, driven by a $728 million investment loss, sending shares down 7.9% to $1,759.21. Operating revenue held steady at $3.55 billion, while adjusted operating income rose 4% to $498 million. Markel Insurance’s adjusted operating income jumped 31% to $369 million. Gross premium volume in underwriting fell 21% after exiting Global Reinsurance.
QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

30 April 2026
The Invesco QQQ Trust closed up $3.99 at $661.57 Wednesday as investors positioned ahead of earnings from Microsoft, Alphabet, Amazon, and Meta. Volume topped 30 million shares. Microsoft and Alphabet reported strong cloud and AI-driven revenue growth after the bell. The broader Nasdaq Composite edged up 0.04%, while the S&P 500 slipped 0.04%.
Qualcomm Stock Jumps After Q2 Earnings Beat: Why a Weak Forecast Didn’t Stop the Rally

Qualcomm Stock Jumps After Q2 Earnings Beat: Why a Weak Forecast Didn’t Stop the Rally

30 April 2026
Qualcomm shares jumped late Wednesday after the company beat adjusted profit forecasts and said China’s smartphone slump may be ending, despite a weak third-quarter outlook. Fiscal Q2 revenue fell 3% to $10.6 billion; adjusted EPS reached $2.65, topping estimates. Handset chip sales dropped 13%, while automotive and IoT revenue climbed. Qualcomm expects Q3 revenue below Wall Street targets due to memory supply issues.
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