00:00Wall Street got exactly what it was looking for this week as four of America's largest companies,
00:05Alphabet, Amazon, Meta, and Microsoft, all reported quarterly results, and the through line was
00:10unmistakable. Artificial intelligence is driving everything. Google's parent company, Alphabet,
00:16stole the show, posting total revenue of nearly $110 billion, while its cloud division exploded
00:2263 percent year-over-year to $20 billion, a pace that caught even optimistic analysts off guard.
00:29Over at Amazon, the AWS unit clocked its strongest growth in more than three years,
00:35climbing 28 percent to $37.6 billion, as CEO Andy Jassy doubled down with a commitment
00:42of roughly $200 billion in capital spending for the year. Meta's quarter was a murkier picture.
00:48The company bumped its full-time spending plan to as much as $145 billion, blaming rising component
00:55costs and expanded data center needs, which sent shares sliding after the bell. Microsoft rounded
01:01out the reporting with earnings per share of $4.27 and a notable milestone, 15 million paid
01:09co-pilot seats, with daily active users having grown tenfold since launch.
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