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The Guardian Business · Apr 29, 2026 10:37 PM EDT Technology

Tech giants’ results show rosy outlook for AI boom and US stock market

Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern Unusual simultaneous reports of financial results by several of the US’s largest tech companies gave positive indications for the stock market despite widespread fears of an AI bubble on Wednesday.Four of the so-called Magnificent Seven tech stocks, the most valuable publicly traded companies in the world, repor…

Tech giants’ results show rosy outlook for AI boom and US stock market
Image The Guardian Business

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