Alphabet, Microsoft and Amazon Results to Test Investor Confidence in the AI Boom

The three hyperscalers report this week after Meta and Tesla results stoked worries about the cost of the AI build-out.

Chanan Zevin - Chief Editor and Head of Desks

Published 26 October 2026 at 13:24 GMT+3

AI-generated image of a data center corridor with server racks — AI-generated image: AI-generated image (illustrative, not a photograph of the events or places described)

Consensus

Reuters cited consensus for Microsoft of $90.6 billion in revenue and adjusted EPS of $4.73, Amazon at $202 billion and EPS around $1.97, and Alphabet at $128 billion and EPS of $3.00. Results from Intel and Sandisk could also move the AI trade.

The mood

RTHK, citing AFP, said results from Tesla and Meta last week stoked spending worries. SPI Asset Management's Stephen Innes said investors 'want proof now' on whether the compute build-out is building a durable earnings machine.

Asia's chipmakers

SK Hynix and Samsung Electronics also report this week, Reuters said.

Sources

Reuters via Euronext, 'Asian shares make cautious start, Brent eases from six-month high', 26 October 2026 · live.euronext.com
RTHK (AFP/Xinhua), 'HK rises as region slips ahead of key tech earnings', 26 October 2026 · news.rthk.hk
Bloomberg via The Economic Times, 'Asian shares slip as AI jitters deepen ahead of big tech earnings', 26 October 2026 · m.economictimes.com