Google and Amazon Cloud Revenue Surges, Meta Tanks After Earnings

Market update for Thursday April 30, 2026

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In today’s episode, Zaid covers:

• Jerome Powell's last Fed meeting and what comes next
• Google crushes earnings, cloud revenue surges 63% to $20B
• Amazon's AWS grows 28%, fastest pace in nearly four years
• Microsoft beats estimates but stock drops as cloud momentum stalls
• Meta revenue jumps 33% but stock tanks on raised AI spending and user decline
• Eli Lilly blows past estimates, Zepbound and Mounjaro sales skyrocket
• Fun fact; 69% of Polymarket traders are losing money