Alphabet, Meta and Microsoft Post Double-Digit Growth as AI and Cloud Lift Revenue
Updated
Updated · The Motley Fool · Jun 29
Alphabet, Meta and Microsoft Post Double-Digit Growth as AI and Cloud Lift Revenue
3 articles · Updated · The Motley Fool · Jun 29
Summary
$60.4 billion in Alphabet search revenue, $56.3 billion in Meta Q1 revenue and $82.9 billion in Microsoft sales underscored strong growth as AI tools and cloud demand translated into earnings.
63% Google Cloud growth to $20 billion, 40% Azure growth and Meta’s AI-driven ad targeting gains showed the Mag 7 story shifting from infrastructure spending toward monetization and execution.
6.6 billion in Google Cloud operating income, up more than threefold, paired with Microsoft’s 46% operating margin and $32 billion net income, while Meta’s net income jumped 61% to $26.8 billion.
125 billion to $145 billion in Meta’s planned 2026 capital spending and Alphabet’s roughly $460 billion cloud backlog highlight how the biggest AI winners are pairing heavy investment with entrenched platforms and recurring demand.