Chit Chat Stocks Big Tech Earnings Chaos; Executive Tariff Uncertainty; Spotify Reigns Supreme (ABNB, EVO, + More!)
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May 2, 2025 Dive into the chaotic world of big tech earnings as they dissect Microsoft’s impressive cloud growth and Amazon's market strategies. The impact of tariffs sends ripples through major players like Apple, while consumer trends shift amidst fast food favorites and health trends. Spotify shines in the streaming landscape, contrasting with Airbnb's competitive dance against Booking Holdings. Plus, insights on grocery giants' resilience and travel trends reveal intriguing investment opportunities in a complex economic environment.
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Microsoft Leads Cloud and AI
- Microsoft Azure cloud grew 35% year-over-year, outpacing AWS and Google Cloud which slowed down.
- Azure's AI-related demand is causing capacity constraints, showing strong growth potential in AI services.
Google Search Faces AI Pressure
- Google's paid clicks growth slowed to 2%, the lowest ever, suggesting competition from AI in search.
- This signals search revenue growth may not be as bulletproof as previously thought.
Amazon Reports Strong Growth Amid Tariff Uncertainty
- Amazon reported 17% AWS growth and an 18% advertising revenue increase, but stock dropped 5% after hours.
- Tariff uncertainties create unclear impact for Q2 and beyond, adding caution to guidance.