Why Alphabet won the Big Tech earnings night

As four of the Magnificent Seven tech giants rolled out results late Wednesday, Alphabet is distinguishing itself as the big winner in the cloud space. Shares popped more than 6% in extended trading. Alphabet's stock outperformed those of its Big Tech peers Amazon , which was up 3%, and Meta Platforms , down more than 6%. Microsoft was little changed. All four of the companies posted quarterly earnings after the bell. …