Major Hyperscalers Just Reported Earnings. Nvidia Was The Winner

April 29 was a major day for the stock market as the "Big Three" in the cloud industry, Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), all released their latest quarterly reports. The market cheered Alphabet and Amazon's results -- both companies saw their shares jump post-earnings -- while Microsoft wasn't so lucky. However, one corporation that was arguably a big winner, despite its quarterly update not being due for another three weeks, is Nvidia (NASDAQ: NVDA). Here is why. Image source: Getty Images.Alphabet, Microsoft, and Amazon are spending small fortunes on artificial intelligence (AI) capital expenditures. And by the looks of it, they will maintain that pace for the foreseeable future. Management commentary supports this outlook. Consider Alphabet, whose CFO, Anat Ashkenazi, said that most of the company's capex spending in the first quarter was to support its AI opportunities. She also predicted that spending would significantly accelerate in 2027 compared to this year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool