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  • Alphabet Stock Soars 9.3% on Q1 Revenue and Earnings Beat Driven by AI and Cloud Growth
    May 2, 2026, 3:35 AM EDT. Shares of Alphabet (NASDAQ: GOOGL) jumped 9.3% after the company reported first-quarter 2026 results that surpassed expectations. Revenue rose 22% year-over-year to $109.9 billion, while earnings per share soared 85% to $5.11, beating forecasts of $2.67. Google Cloud drove growth with revenue up 63.4%, gaining market share from AWS and Azure. The surge reflects strong demand for Alphabet's generative AI across Search, Cloud, and YouTube. Shares closed at $385.78, near a 52-week high. Alphabet's stock has gained 22% year-to-date and remains a key player in tech despite recent geopolitical uncertainties affecting the Nasdaq. Investors showed renewed confidence amid easing Middle East tensions and rising AI-driven growth prospects.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 02.05.2026

2 May 2026
LIVEMarkets rolling coverageStarted: May 2, 2026, 12:00 AM EDTUpdated: May 2, 2026, 3:45 AM EDT Alphabet Stock Soars 9.3% on Q1 Revenue and Earnings Beat Driven by AI and Cloud Growth May 2, 2026, 3:35 AM EDT. Shares of Alphabet (NASDAQ: GOOGL) jumped 9.3% after the company reported first-quarter 2026 results that surpassed expectations. Revenue rose 22% year-over-year to $109.9 billion, while earnings per share soared 85% to $5.11, beating forecasts of $2.67. Google Cloud drove growth with revenue up 63.4%, gaining market share from AWS and Azure. The surge reflects strong demand for Alphabet's generative AI across Search, Cloud,
US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

2 May 2026
Nasdaq 100 futures climbed 0.68% and S&P 500 futures edged up 0.06% in early after-hours trading Friday, while Dow futures slipped 0.48%. The S&P 500 and Nasdaq closed at record highs, driven by first-quarter S&P 500 profit growth of 27.8%, according to LSEG. Oil prices, inflation signals, and upcoming jobs data remain in focus. GameStop shares rose 4% after reports it was preparing an offer for eBay.
McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

2 May 2026
McDonald’s shares fell 2.37% to $286.64 on Friday, underperforming rivals ahead of its May 7 earnings report and a U.S. launch of six new McCafé specialty drinks. The company will begin selling the drinks nationwide on May 6, adding beverage specialist roles at 14,000 restaurants. Investors are watching whether the new drinks and value offers can boost traffic without slowing service or hurting margins.
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