By Zacks Equity Research
Publication Date: 2026-05-04 05:50:00
For Immediate Release
Chicago, IL – May 4, 2026 – Today, Zacks Investment Ideas feature highlights Alphabet GOOGL, Amazon AMZN and Microsoft MSFT.
Alphabet Takes the Spotlight Among Mag 7 Hyperscalers
Alphabet took the spotlight among the other Mag 7 hyperscalers that reported quarterly results this week, alongside Amazon and Microsoft.
Delivering a stellar Q1 report on Wednesday, Alphabet’s net sales were up 24% YoY to $94.66 billion and comfortably topped estimates of $92.22 billion. More impressive, Alphabet’s Q1 EPS surged 82% to $5.11 and crushed expectations of $2.64 per share by 93%.
The statement was clear: Alphabet is firing on all cylinders as Google Search and YouTube growth remained healthy with double-digit rates, and cloud acceleration was on full display.
Google Cloud Delivers Market-Leading Growth
At a pivotal moment, when the AI boom is being defined by the hyperscale race, Alphabet’s cloud growth was dramatically stronger than…