Weekend Round-Up: Apple's Record Quarter, Meta's Q1 Beat, Microsoft's AI Revenue Surge, Alphabet's Earnin
This week was a whirlwind of earnings reports and market movements. Tech giants like Apple Inc., Meta Platforms Inc., Microsoft Corporation and Alphabet Inc. all reported impressive earnings, while Spotify Technology faced a sharp selloff. Here’s a quick recap of the weekend’s top stories.Apple’s Stellar QuarterApple’s earnings per share (EPS) came in at $2.01, surpassing the consensus estimate of $1.94. The tech behemoth also reported revenue of $111.18 billion, beating the consensus estimate of $109.66 billion. The company’s quarterly revenue and EPS rose 17% and 22% year-over-year, respectively. CEO Tim Cook hailed the period as Apple’s “best March quarter ever,” citing double-digit growth across all geographic segments.Read the full article here.Meta Platforms Exceeds Q1 ExpectationsMeta Platforms reported first-quarter revenue of $56.31 billion, beating analyst estimates of $55.45 billion. The company’s adjusted earnings of $7.31 per share also surpassed estimates of $6.78 per share. Despite a slight quarter-over-quarter decline in family daily active people due to internet disruptions in Iran and Russia, the metric was up 4% year-over-year in March.Read the full article here.Microsoft’s AI Revenue SoarsMicrosoft announced third-quarter revenue of $82.9 billion, up 18% year-over-year, beating the Street consensus estimate of $81.39 billion. A key highlight was the company’s AI revenue, which surged 123% YoY, hitting an annual run rate of $37 billion.Read the full article here.Alphabet’s Earnings TriumphAlphabet reported quarterly earnings of $5.11 per share, significantly beating the analyst consensus estimate of $2.62. The company’s quarterly revenue was $109.9 billion, surpassing the Street estimate of $106.93 billion and marking an increase from $90.23 billion in the same period last year.Read the full article here.Spotify’s Sharp SelloffDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.Image via ShutterstockMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.To add Benzinga News as your preferred source on Google, click here.
