Microsoft, Alphabet, Amazon and Apple report this week as AI spending faces scrutiny
Around 160 S&P 500 companies report in the same week as the Fed decision. So far this season, about 83% of reporters have beaten earnings expectations, according to FactSet.
The short answer
- Microsoft, Alphabet, Amazon and Apple are all scheduled to report this week.
- About 160 S&P 500 companies report this week, including Boeing, Eli Lilly and Coca-Cola.
- Of more than 120 S&P 500 companies that had reported by Friday, about 83% beat estimates (FactSet).
Around 160 S&P 500 companies are scheduled to report quarterly results this week, including Alphabet, Microsoft and Amazon, CNBC reported in its weekly earnings preview. Boeing and Eli Lilly are also on the calendar.
Yahoo Finance noted that the results land in the same week as the Federal Reserve's policy decision on Wednesday, October 28, leaving investors to digest Big Tech guidance and the rate outlook side by side.
What analysts expect
Yahoo Finance, citing Koyfin data, reported consensus expectations for Microsoft of earnings per share of $4.72 on revenue of $90.75 billion. Investors will watch Azure growth: Microsoft guided in July to Azure growth of about 45%.
Concerns over AI spending dominated last week, CNBC noted, sparking a Thursday sell-off that gave the Nasdaq Composite its worst session since June.
Results so far have been strong. As of Friday, more than 120 S&P 500 companies had reported, with about 83% beating Wall Street's earnings expectations, according to FactSet data cited by CNBC.
Sources
- Earnings playbook: Alphabet, Microsoft, Amazon and more report this week — CNBC
- Microsoft, Alphabet, Amazon Earnings Meet Fed Rate Decision — Stocktwits via Yahoo Finance
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- 27 Oct 2026, 08:04 UTC
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