Alphabet’s Q2 results may set expectations for Amazon, Microsoft, and Meta amid cloud computing and AI growth discussions.
Alphabet (GOOGL) will release second-quarter earnings after markets close Wednesday. Analysts expect EPS of [MODELED VALUE] as cloud and advertising growth remain key focus areas for investors.
The company’s Q1 performance drove a stock rally, though shares have since retraced to near 349 USD, up 11% year-to-date. Cloud revenue growth could influence broader Big Tech sentiment, particularly for Amazon (AMZN), Microsoft (MSFT), and Meta (META).
Dow Jones futures fell Tuesday as oil prices rose, while the S&P 500 regained support ahead of Alphabet’s report alongside Tesla’s earnings.