Big Tech earnings this week: when Alphabet, Microsoft and Amazon report (Pacific times)

Three of the biggest Bay Area-connected tech companies report quarterly results this week. Investors are watching AI spending closely.

The schedule (Pacific time)

• Alphabet: Wednesday, Oct. 28, after the close. Conference call at 1:30 p.m. PT (4:30 p.m. ET, per CNBC).
• Microsoft: Wednesday, Oct. 28, after the close. Call at 2:30 p.m. PT.
• Amazon: Thursday, Oct. 29, after the close. Call at 2 p.m. PT.
• Apple: Monday, Nov. 2. Meta already reported on Oct. 21, Bullquill noted.

What to watch

• Capital spending. Bullquill says Alphabet, Amazon and Meta have all raised their 2026 spending plans. It cites Reuters putting total hyperscaler capex at around $800 billion for 2026.
• A shaky market. CNBC says worries about AI spending led to a sell-off Thursday, Oct. 22, the Nasdaq's worst session since June.
• The Fed. The Federal Reserve announces its rate decision on Oct. 28, the same afternoon Microsoft and Alphabet report.

The bigger picture

About 160 S&P 500 companies report this week, CNBC says. As of Friday, about 83% of the more than 120 that had reported beat earnings expectations, according to FactSet.