Jim Cramer's top 10 things to watch in the stock market Thursday

My top 10 things to watch Thursday, April 30 1. Best of the earnings night for our big four hyperscalers: Alphabet . The call: world domination. Beats on search, subscriptions, and cloud — the company's three most consequential segments. Management bumped up its capital expenditure forecast. But the stock jumped 8% on further proof that the AI spending is paying off. Custom TPUs chips co-designed by Broadcom are a big story here. Lots of price target hikes on Wall Street. We hiked our PT to $400. 2. Same for Amazon , which I put in second place . Accelerating AWS growth to 28%. Ads, e-commerce, and satellite are all firing. The stock gained more than 3.5% on the print. Amazon kept its full-year capex at $200 billion. Are the hot AWS custom Trainium chips the next leg of the stool? Even so, CEO Andy Jassy said Amazon will remain partners with Nvidia for "as long as I can foresee." We hiked our price target to $300. 3. Third: Microsoft . Aruze cloud growth 40% and guidance for the same in the current quarter. Copilot is starting to grow. Capex hike. Microsoft's results were a bit of a push, and the stock dropped more than 1%. But the analysts hiked price targets and were effusive anyway: Spent a lot of money to make some money. We kept our PT at $500. The theme of the night: If you have a cloud and spending, you're alright. 4. Meta Platforms does not have a cloud, and that's why the Street was loath to tolerate its increased capex guide. …