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Meta stumbles in AI race as Alphabet and Amazon outshine it in earnings updates

Economy
Published on 30 April 2026
Meta stumbles in AI race as Alphabet and Amazon outshine it in earnings updates

Investors rewarded rivals as AI momentum looked stronger elsewhere

Meta’s quarterly earnings reaction appeared weaker as Alphabet, Amazon and Microsoft showed stronger AI momentum, according to reports from Wednesday’s results. While the broader tech group pushed AI across products and cloud, investors seemed to favor firms demonstrating faster execution and clearer AI impact, leaving Meta lagging in market confidence.

  • Meta’s earnings momentum looked softer versus major peers
  • Alphabet, Amazon and Microsoft showed stronger AI signals
  • Investor sentiment appeared tied to visible AI execution
  • Wednesday’s results highlighted widening AI competitive gaps
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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