Big Tech Earnings This Week: Microsoft, Alphabet and Amazon Face AI Spending Test

Microsoft, Alphabet and Amazon report quarterly earnings on October 28–29, putting the profitability of artificial intelligence investment under Wall Street's microscope. Investors will focus on cloud revenue, capital expenditure and profit margins as the three technology giants expand their AI infrastructure. The results arrive during a volatile period for US stocks, with the Federal Reserve also preparing to announce its latest interest-rate decision. The central question is whether AI-driven revenue growth can justify the billions being invested in data centres, chips and computing infrastructure. Microsoft, Alphabet and Amazon are among the largest constituents of the S&P 500.

Source: Crypto Daily