Alphabet (GOOGL) Stock Soars 10% as Q1 Results Demolish Analyst Projections

Alphabet Inc., GOOGL  Adjusted earnings per share registered at $5.11, essentially doubling the Street consensus of $2.63. Total revenue reached $109.9 billion, surpassing expectations of $106.81 billion and representing 22% year-over-year expansion.  The quarter marked Alphabets 11th consecutive period of double-digit revenue expansion.  Cloud Division Delivers Outstanding Results  The Google Cloud business emerged as the quarters star performer. Revenue skyrocketed 63% to $20 billion, powered by enterprise artificial intelligence offerings and fundamental cloud infrastructure services.  The Cloud division‘s committed backlog almost doubled from the previous quarter, now exceeding $460 billion. Chief Executive Sundar Pichai attributed AI solutions for enterprise customers as the primary catalyst behind Cloud’s exceptional growth.  Google Services revenue advanced 16% to $89.6 billion. Search revenue expanded 19%, YouTube advertising increased 11%, and the subscriptions, platforms, and devices segment rose 19%.  Operating margin widened by two percentage points to 36.1%. Net income surged 81%, benefiting partially from a $37.7 billion gain on unrealized equity securities.  Total paid subscription count hit 350 million. Gemini Enterprise experienced 40% quarter-over-quarter expansion in paid monthly active users.  Wall Street Responds with Higher Targets  Scotiabank elevated its price objective from $400 to $450 after reviewing the quarterly results, keeping a “sector outperform” recommendation. This target represents approximately 30% upside potential from pre-earnings price

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Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and Polymarket

Tech  Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and PolymarketSen. Jeff Merkley led Democrats asking the CFTC to ban event contracts in 5 categories, including sports.Merkley filed the letter on April 30, the final day of the CFTCs 45-day rulemaking input period.Sports drove 87% of Kalshis $39.7 billion in event-contract in the year ending February.  Lawmakers Want the CFTC to Write a Rule Prohibiting Five Contract Categories  The senators wrote that prediction-market platforms, including Kalshi and Polymarket, are seeing a “rapid erosion of integrity” in line with recent controversies and urged the agency to use its statutory authority to prevent insider trading and prohibit several broad contract categories. They argued election-related contracts create a financial incentive for political insiders to subvert voter intent and that sports-event contracts represent gambling that intrudes on state regulatory authority.  The agencys rulemaking notice, published in the Federal Register on March 16, sought public input on which event-contract categories may be seen as contrary to the public interest, with comments due Thursday. Sports contracts have been the dominant volume category at Kalshi, accounting for roughly 87% of the $39.7 billion traded on the platform in the year ending February, according to a Congressional Research

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Amazon (AMZN) Stock Dips After Strong Q1 Earnings — What Spooked Investors?

Amazon.com, Inc., AMZN  The headline figures appeared exceptional. The e-commerce and cloud computing giant delivered adjusted earnings of $2.78 per share against revenue of $181.5 billion. Analysts had projected earnings of just $1.63 per share on $177.3 billion in sales.  The cloud computing segment stole the spotlight. Amazon Web Services generated $37.6 billion in revenue, representing a 28% year-over-year increase and surpassing the $36.9 billion analyst consensus. CEO Andy Jassy highlighted this as AWSs strongest growth pace in 15 quarters.  Yet Thursdays market response revealed investor skepticism.  The primary driver of concern centered on infrastructure spending. Amazon poured $44.2 billion into property and equipment during the first quarter, a substantial increase from the $25 billion invested in the comparable period last year. This aggressive spending campaign severely compressed free cash flow, which tumbled to merely $1.2 billion on a trailing twelve-month basis — representing a 95% decline from the previous year.  The company maintained its full-year capital expenditure forecast of $200 billion, which BofA analyst Justin Post viewed favorably. He increased his price target from $298 to $310 while maintaining a Buy recommendation.  Questions Around Earnings Quality  A significant portion of Amazons reported net income of $30.3 billion stemmed from a $16.8 billion pre-tax valuation gain related

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Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL

Tech  Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVLCarrot ( Carrot) shut down April 30, 2026, citing the $285 million Drift Protocol exploit as the cause.Users have until May 14, 2026, to withdraw from Boost, Turbo, and CRT before forced deleveraging begins.Drift recovery distributions will be paid proportionally via IOU token, based on a CRT snapshot from April 1, 2026.  Carrot Gives Users Until May 14 to Pull Funds  The Drift hack, now the largest exploit of 2026 and the second-largest in ‘s history, struck at roughly 20:00 UTC on April 1. Attackers, suspected to have ties to North Korean state-sponsored groups, used a novel, durable nonce exploit to compromise Drift’s administrative controls. Over 50% of Drifts total value locked (TVL) was drained, triggering an immediate suspension of deposits and withdrawals across the platform.  Carrot held significant exposure through Drift-integrated vaults and positions. Shortly after the exploit, the team paused minting and redemption functions while assessing damage. Estimates placed roughly 50% of Carrot‘s TVL at risk, with some analyses citing losses above $8 million. The protocol’s CRT net asset value was adjusted to approximately $57.52 to $57.58 per token in mid-April updates, reflecting both realized and unrealized impacts.  Image source:

05-01

Visa stablecoin pilot hits $7B on nine blockchains

Visa added Base, Polygon, Canton, Arc, and Tempo to its global stablecoin settlement pilot on April 29, bringing the total to nine supported blockchains and reaching a $7 billion annualized settlement run rate, up 50% from last quarter.The five new additions join Avalanche, Ethereum, Solana, and Stellar, giving Visas issuers and acquirers nine blockchain options for settling transactions outside traditional banking rails.Visa is operating as a validator node on Tempo alongside Stripe and Standard Chartereds Zodia Custody, making it one of the first major payment companies to run blockchain validation infrastructure directly.Visa now operates more than 130 stablecoin-linked card programs across more than 50 countries, bridging digital assets with traditional merchant acceptance at global scale.  Visa stablecoin settlement reached a $7 billion annualized run rate as the company announced the addition of five blockchains to its global pilot on April 29. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, Visas Global Head of Growth Products and Strategic Partnerships.  Visa stablecoin network now covers nine blockchains with distinct institutional roles  Each new chain targets a different part of the payments market. Arc is Circle‘s Layer-1 blockchain built for programmable money and real-world

05-01

META Drops Over 10% After Q1 Earnings as Market Cap Loss

Tech  META Drops Over 10% After Q1 Earnings as Market Cap LossMeta stock fell more than 10% and headed for its largest daily decline since October 2025, The Kobeissi Letter said.Meta erased about $175 billion in market value after its Q1 earnings report.GraniteShares FBL offers 2x daily long exposure to META, with material risk for intraday traders.  Meta Platforms shares fell sharply after the companys Q1 earnings report, with $META dropping more than 10% on the day. The Kobeissi Letter reported that the move put Meta on track for its largest daily decline since October 2025, while the stock erased about $175 billion in market value.  The selloff also drew attention from WatcherGuru, who posted that META had lost about $175 billion in market cap. Notably, analyst Barchart added that Meta dropped below its 200-day moving average. Meanwhile, traders also tracked GraniteShares 2x Long META Daily ETF, FBL, as intraday volatility increased around the stock.  Meta‘s post-earnings move turned into one of the stock’s sharpest daily declines in months. The Kobeissi Letter said the stock extended losses to more than 10% during the session, with the chart showing META near the $600 area after a steep intraday drop.  The chart posted by Kobeissi showed a

05-01

MATIC Price Prediction: $0.45 Target as Oversold Bounce Triggers

MATIC Ready for Relief Rally  Polygon has reached a critical juncture where technical conditions align for a sharp bounce. The RSI reading of 38 places MATIC squarely in oversold territory where institutional buyers traditionally step in. This oversold condition, combined with MACD momentum hitting zero, creates the exact setup that preceded previous 15-20% relief rallies.  The current price action around $0.38 represents a compressed spring waiting to release. Bollinger Bands show MATIC trading at just 0.29 of the band width, indicating extreme compression that historically resolves with violent moves higher.  Volume Signals Accumulation Window  The muted $1.07 million daily volume on Binance spot markets masks underlying accumulation patterns. This quiet period often precedes significant moves as institutional players build positions without triggering retail FOMO. Derivatives funding remains neutral at 0.01%, removing any leverage-driven headwinds that could suppress a bounce.  Smart money recognizes these low-volume accumulation phases as prime entry opportunities before momentum traders pile in.  Market Structure Points Higher  The technical setup screams bounce rather than breakdown. MATIC sits just above the lower Bollinger Band at $0.31, creating a natural support floor. The SMA 50 at $0.45 represents the logical first target, offering 18% upside that aligns with typical oversold corrections in quality Layer 2 tokens.  Analysts at

05-01

WLFI Token Unlock Vote Has Started

Tech  WLFI Token Unlock Vote Has Started  The DeFi and stablecoin initiative World Liberty Financial, linked to the Trump family, has officially launched the vote on the controversial WLFI token unlock proposal. A total of 62 billion WLFI tokens are subject to this vote, and if approved, they will enter circulation after a two-year waiting period. The proposal aims to replace existing uncertain locks with structured vesting programs; the 45 billion tokens allocated to the founding team, advisors, and early partners will follow a three-year linear vesting after a two-year cliff. The other tokens allocated to early protocol supporters will go through a two-year cliff and two-year vesting process. This move aims to provide clarity on future token supply while also increasing low governance participation.  WLFI Pre-Sale and Token Burn Plan  The project offered approximately 25 billion of the total 100 billion supply to investors in a few pre-sale rounds; although it initially even blocked token transfers and released some, pre-sale investors still hold a significant amount of tokens. The proposal text emphasizes that the governance token has been functional since launch and states that the ecosystem is at a turning point; the permanent burn of 10% of the tokens allocated to the founding

05-01

AITECH Cloud Network Revolutionizes Enterprise AI via Unified Systems

AITECH Cloud Network (ACN) is the new identity of Solidus AI Tech, operating as a decentralized Ethereum-based infrastructure ecosystem. The platform combines high-performance computing with AI to handle autonomous agent execution, integrated AI operations, and blockchain-powered economic systems. AITECH Cloud Network has shared this news through its official social media X account.  ACN is an enterprise-grade AI infrastructure ecosystem, evolved from Solidus Ai Tech.  It brings together compute, autonomous agent execution, and an integrated economic layer into one unified system.  At its core, the ACN Engine coordinates everything. From high-performance… pic.twitter.com/W9apfUUH7v  — AITECH CLOUD NETWORK (@AITECHio) April 30, 2026  AITECH Cloud Network Unifying AI Compute, Automation, and Web3 Economics  The core focus of AITECH Cloud Network is to deliver high-performance computing infrastructure for AI workloads, autonomous AI agents capable of executing real-world workflows, an integrated economic layer using CAN, and unified coordination via the CAN Engine. This platform becomes a multi-task performer for users ease.  AITTECH Cloud Network is carefully combining the possibilities of AI agents with more advanced tools to facilitate seamless on-chain payment services for users. It is actively merging computation, automation, and Web3 economics in one framework. Moreover, it is also beneficial for businesses and developers to deploy AI agents efficiently.  AITECH Cloud Network Delivers

05-01

UNI Technical Analysis Apr 30

Tech  UNI Technical Analysis Apr 30  UNI is stuck in a short-term downtrend at the 3.19$ level; close to the 3.10$ support zone while awaiting a test of the upper 3.26$ EMA20 resistance. Critical liquidity zones will determine whether buyers will step in.  Current Price Position and Critical Levels  UNI price is currently in a horizontal squeeze around 3.19$, positioned in a structure dominated by the overall downtrend. The 24-hour range remained limited between 3.10$-3.23$ and volume is trading at low levels of 50.82M$. Staying below EMA20 (3.26$) in the short term gives a bearish signal, RSI at 43.75 is in the neutral zone but momentum is weak. The Supertrend indicator is bearish and points to 3.64$ resistance. In a broader perspective, the downtrend continues on the weekly timeframe, while the daily chart shows confluence of 5 strong levels (1D: 3S/2R). Price is close to the last low support zone at 3.1029$; if broken, it could open the path to 2.84$. Above, the 3.26$-3.36$ resistance cluster is a liquidity collection area for breakout.  Support Levels: Buyer PoolsPrimary Support  The strongest support level 3.1029$ (score: 78/100) stands out as a major order block and demand zone on the daily timeframe. This level was tested twice in the

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