Tech Giants Apple, Microsoft and Tesla Headline a Busy Earnings Week

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Tech Giants Apple, Microsoft and Tesla Headline a Busy Earnings Week
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Starting Monday, more than a fifth of the S&P 500 are expected to provide quarterly updates, including AT&T, Boeing and McDonald’s

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Tech giants Microsoft Corp. , Apple Inc. and Tesla Inc. will be among the companies headlining a busy earnings week, shedding more light on how businesses performed at the end of 2020 as Covid-19 cases rose.

Overall, more than a fifth of the S&P 500 and a third of the Dow Jones Industrial Average are expected to provide their quarterly updates starting Monday, according to FactSet. In addition to tech, the schedule includes some of the biggest names in manufacturing, restaurants and telecommunications., as people leaned more on their products and services while working, schooling and entertaining from home. And the strong results are expected to continue in the holiday quarter.

Still, other parts of Microsoft’s business have faced challenges in the pandemic, such as its on-premise server business and its LinkedIn social network, said Gregg Moskowitz, Mizuho senior enterprise software analyst.

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