“Google wraps up best month since 2004 as earnings push Alphabet stock up 34% in April”
June 24, 2026
“Alphabet shares climbed on Thursday, while Meta’s stock sank, as investors digested their ballooning AI spending plans.
The Alphabet rally pushed Google to its best month since 2004, the year the company went public.
Unlike hyperscalers Alphabet, Microsoft and Amazon, Meta doesn’t have a cloud business, making it harder to prove it can deliver returns on its investments…”
https://www.cnbc.com/2026/04/30/alphabet-meta-stock-ai-capex-spend.html