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Google and Microsoft Just Proved the AI Trade Is Alive-While OpenAI Is Sweating

Alphabet and Microsoft crushed Q1 estimates on the same day, with Google Cloud up 63% and Microsoft’s AI business hitting a $37 billion run rate.

Wednesday was a bad day to be an AI doomer.
Microsoft and Alphabet, Google’s parent company, both reported earnings after the bell, and both crushed expectations—on the same day OpenAI’s revenue stumbles were still reverberating through the market. T… [3051 chars]

Source: Decrypt | Published: 2026-04-29T22:14:49Z

Credit: Decrypt

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