Alphabet, Meta Platforms, Microsoft, Amazon, and Apple are all set to report their respective earnings next week.
Another area to monitor is the growth of Google Cloud, which has seen tremendous expansion in recent quarters. Additionally, investors will be looking at user engagement metrics on platforms like Facebook, Instagram, and WhatsApp, as well as how Meta is navigating privacy policy changes that have affected ad targeting.
The integration of artificial intelligence into Microsoft’s software offerings, such as Office 365 and its cloud services, will also be a focal point, particularly following the company’s high-profile partnership with OpenAI.MSFT stock closed at $424.73 last night. Shares of the Redmond, Washington-based software-and-hardware giant - which have gained 13% in 2024 - rose to a record of $468.35 on July 5.
Analysts expect strong results from the company’s iPhone segment, but challenges in China and the broader consumer electronics market could impact growth.
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