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Alphabet stock climbed after hours while Meta, Amazon, and Microsoft dropped.
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Oil Prices Soar as Iran Standoff Shows No End in Sight The New York TimesBrent Crude Hits Wartime High with Little Mideast Progress Bloomberg.comDow Slips, Oil Touches Wartime Highs With Iran Conflict Threatening Higher Inflation WSJBrent crude tops $125 a barrel on Iran war worries, while world stocks retreat AP NewsCurrent price of oil as of April 28, 2026 Fortune
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Stock Market News, April 29, 2026: Powell to Stay on Fed Board, Central Bank Holds Rates Steady WSJFed holds rates steady but with highest level of dissent since 1992 CNBCThe Fed will have a new leader, but Powell isn't leaving and that puts Trump's low interest rates on ice The Boston GlobePowell Says He Will Stay On as Fed Governor After Term as Chair Ends The New York TimesPowell to remain as Fe
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Meta stock drops on capex increase while Alphabet's cloud business grows faster than rivals Amazon and Microsoft
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Meta Stock Slides Despite Posting Fastest Revenue Growth Since 2021. AI Costs Keep Rising. Investor's Business DailyMeta stock drops on quarterly results as 'internet disruptions' in Iran drag down user numbers CNBCMeta stock sinks as company raises 2026 AI spending forecast to $125 billion-$145 billion Yahoo FinanceMeta Reports Big Revenue Jump and Projected Spending Increase WSJ
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Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity? FortuneGoogle Profit Jumps 81% as Cloud Business Booms WSJAlphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027 CNBCWhy Alphabet's stock is the standout gainer on Big Tech's monster earnings day MarketWatch
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CEO Russell Weiner expects other fast-food chains to report similar headwinds from bad weather and weak consumer sentiment tied to Iran war.
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