Tesla, Meta, Microsoft, and Alphabet reported earnings last week. Here are the takeaways in 60 seconds.

Tesla: Q1 results were worse than expected, with the company missing both its profit and revenue estimates. But plans for a robo-taxi service and a more affordable model got investors excited for the future. That’s a big bet that there are lots of drivers who want a Tesla but can’t afford one.

Meta: Wall Street may have shown Tesla leniency, but Meta didn’t enjoy the same leeway. Despite reporting better-than-expected first-quarter earnings, weak guidance for the second quarter and outsized AI investments spooked investors. Mark Zuckerberg preached patience.

Microsoft: AI spend was also the name of the game at Microsoft. The tech giant pledged to keep investing in the tech as demand for its AI and cloud services continued to rise.

Alphabet: Q1 results blew past expectations, notching a 15% year-over-year revenue bump. Alphabet also issued a $0.20 per share dividend — its first ever — joining its Big Tech peers like Microsoft, Apple, and Meta, in the dividend club.