As four of the "Big Seven" U.S. stocks released their earnings reports after the market closed, only Alphabet (GOOGL.O) seemed to offer enough to please investors. Alphabet's first-quarter revenue grew 22% to nearly $110 billion, exceeding analysts' expectations. Net income was $62.6 billion, an 81% year-over-year increase. Furthermore, the company projected record sales of $403 billion and profits of approximately $132 billion for fiscal year 2025. Following the better-than-expected results, Alphabet's stock rose 3.9%, with CEO Sundar Pichai unsurprisingly attributing most of the company's growth to AI investments. Amazon, Meta Platforms, and Microsoft also reported strong growth, but their stock prices fell, with Meta dropping more than 5%. Meta's sales guidance met expectations, and it also raised its capital expenditure plans for this year, reflecting rising component prices and, to a lesser extent, additional data center costs.