Fast Money Blog- 5/1/26
Good News! The week on Wall Street saw all major stock indexes continue to rally, with April being one of the best months for stocks in years. Over the past few days there were earnings releases from some of our favorite Wealthy Investor stocks, including Visa, Google, Amazon and Apple.
On Tuesday, April 28th, Visa, Inc. (V) reported outstanding Q2 2026 earnings, with revenue of $11.2 billion, up 17% year-over-year, the highest quarterly revenue since 2022.
Here’s what you need to know:
Cross-border volume jumped 12% year-over-year.
Total Processed Transactions increased 9% year-over-year, to $66.1 billion
Quarterly service revenue was $5 billion, an increase of 13% year-over-year. This segment includes loyalty programs, advanced security measures like fraud prevention, and personalized offers.
The company also authorized a new $20 billion share buyback program.
Visa stock has risen about 8% post-earnings.
For over a decade, Visa stock has been a great investment and that will continue in the near future.
Alphabet, Inc. (GOOG) reported extraordinary Q1 2026 earnings on Wednesday, April 29th.
GOOG’s top line revenue of $109.9 billion, was up 22% year-over-year.
Here’s what’s most important to know:
Overall Google Services revenues for the quarter, which includes Google Search and YouTube ads, increased 16% year-over-year to $89.6 billion, with Search alone bringing in $60.4 billion in revenue, up 19% over a year ago.
Cloud revenue climbed 63% to $20 billion.
The company also announced a 5% increase in its quarterly cash dividend, raising it to $0.22 per share.
Google stock has risen 11% in the past 5 trading days alone.
So far Google has started the year extremely strong and I see that trend continuing!
What About Amazon?
Amazon released their Q1 2026 earnings, with top-line revenue of $181.5 billion, up 17% year-over-year. This was mostly driven by 28% growth in Amazon Web Services (AWS) and strong advertising revenue.
Here’s what you need to know about Amazon’s quarterly earnings:
The company’s cloud computing unit saw its Q1 revenue climb 28% year-over-year, to $27.6 billion.
Amazon’s advertising business had very impressive results, with ad revenue growing 24% year-over-year to $17.2 billion.
Amazon’s online store sales (which comes from the products that the company sells directly), grew 12% year-over-year to $64.3 billion.
The company also emphasized its continued partnership with Anthropic, who has committed to spending more than $100 billion on Amazon Web Services technologies over the next 10 years.
Still, Wall Street did show some concern about Amazon’s announcement of investing up to another $25 billion in Anthropic as part of this AI infrastructure deal.
Nevertheless, AMZN stock had a bit of a pop on Friday, May 1st.
Now Onto Apple!
On Thursday, April 30th, Apple posted Q2 2026 earnings with record breaking quarterly top-line revenue of $111.2 billion, up 17% year-over-year, on strong iPhone and Mac sales.
Let’s take a closer look at their quarterly revenue breakdown:
*iPhone revenue was $56.99 billion, up 22% year-over-year.
*The Services sector, which includes sales generated by the App Store, Apple TV, Apple Music, Apple Pay, AppleCare, iCloud and advertising, posted record quarterly revenue of $30.97 billion, up 16% year-over-year.
*Mac revenue hit $8.39 billion, up 6% from last year, on the strong demand for its MacBook Neo, a new inexpensive laptop geared towards students.
*The company’s Greater China revenue improved to $20.49 billion, up 28% year-over-year. Keep in mind that the China region is Apple’s third biggest, behind Americas and Europe.
*In other news, it will be on incoming CEO, Jim Ternus, to shepherd Apple’s newly announced partnership with Google to use its Gemini AI model to power its Siri product, which Ternus says is going really well.
*The stock rose 5% post earnings.
Overall, the U.S. stock market flourished this week amidst terrific earnings releases, along with quieter tactics from President Trump and his administration.
Be smart and stick with the Wealthy Investor and you will become wealthier over time.
Tyrone Jackson
The Wealthy Investor