Market update for Thursday April 30, 2026
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In today’s episode, Zaid covers:
Jerome Powell's last Fed meeting and what comes next
Google crushes earnings, cloud revenue surges 63% to $20B
Amazon's AWS grows 28%, fastest pace in nearly four years
Microsoft beats estimates but stock drops as cloud momentum stalls
Meta revenue jumps 33% but stock tanks on raised AI spending and user decline
Eli Lilly blows past estimates, Zepbound and Mounjaro sales skyrocket
Fun fact; 69% of Polymarket traders are losing money