Microsoft (MSFT) and Alphabet Earnings Loom: Can Cloud Growth Hold?

TLDR Microsoft and Alphabet will report earnings on October 28, following the Federal Reserve’s interest rate decision. Analysts expect Microsoft to report $90.6 billion in revenue and adjusted earnings of $4.71 per share. Microsoft forecasts 45% Azure growth and more than $50 billion in quarterly capital spending. Alphabet faces expectations of $127.9 billion in revenue after Google Cloud delivered 82% growth last quarter. Alphabet’s June-quarter capital spending exceeded operating cash flow by approximately $5.9 billion, putting cash generation in focus.

Source: CoinCentral