Alphabet Inc. reported strong first-quarter results for 2025, with consolidated revenues rising 12% year-over-year to $90.32 billion and net income reaching $34.54 billion, a 46% increase from the previous year. The company's earnings per share were $2.81, surpassing Wall Street's estimate of $2.01. Google Cloud revenue grew 28% to $12.26 billion, and the unit's operating margin improved to 17.8%. The company's advertising business remained robust, with 'Search and Other' revenues increasing 10% to $50.7 billion and total advertising revenue reaching $66.89 billion. Alphabet reported $8 billion in unrealized gains on non-marketable equity securities. The company highlighted the expansion of its AI-powered Gemini model, now integrated into search and cloud services, and noted that AI Overviews serves 1.5 billion users monthly. Alphabet announced a $32 billion acquisition of Israeli cloud security company Wiz Inc., its largest-ever deal, aimed at enhancing its cloud security offerings. Capital expenditures for the quarter totaled $17.2 billion, primarily directed toward cloud and AI infrastructure, with a commitment to spend $75 billion over the year. The company's Waymo unit now provides 250,000 autonomous rides per week. Despite facing antitrust scrutiny and the potential for a company breakup, Alphabet's leadership emphasized the company's resilience and continued innovation in AI and cloud. The closure of the 'de minimis' trade loophole is expected to create minor headwinds for advertising, particularly for Asia-based retailers. Palantir Technologies Inc. experienced a 19% weekly stock increase and is up nearly 50% since April 4, 2025, breaking past a key resistance level. The company's stock has gained 33% in 2025 and is up 74% from its trough three weeks ago, driven by major defense partnerships and a new NATO agreement to use Palantir's AI for military operations, despite a broader 25% decline in the AI sector.