Alphabet's stock climbed 10% on Thursday and 34% in April, its best month since 2004; Meta's stock plunged 8.5% on Thursday, its steepest drop since October Annie Palmer /CNBC: CNBC 2026-04-30 Annie Palmer Alphabet, Meta, Annie Palmer Related Coverage Investors grapple with Big Tech's AI spending spree Semafor · J.D. Capelouto Meta embodies everything Wall Street hates about AI right now MarketWatch · Hannah Pedone Three Takeaways From Meta and Google's Earnings Calls Adweek · Chloe Cotoulas Meta stock closed down 8.55% on Thursday after the company said it will raise its capital expenditures for 2026 Barron's Online Meta Stock Slides As JPMorgan Downgrade Highlights Mounting AI Spending Risks International Business Times · Merin Rebecca Thomas Amazon, Meta, Alphabet, and Microsoft Just Reported Earnings. Here's the Best of the Bunch. The Motley Fool · Adria Cimino Meta shares plummet near 10% after earnings, Google skyrockets Vanguard News