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via finance.yahoo.comMarkets

Alphabet and Microsoft earnings preview focuses on AI cloud growth

FROM THE WIRE · FINANCE.YAHOO.COM

Magnificent Seven giants Alphabet GOOGL) and Microsoft MSFT) are set to report their quarterly results after market hours on Wednesday, October 28, putting two of the world's largest artificial intelligence and cloud computing companies in the spotlight. With AI spending…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralEarnings from two AI giants are due after the close on Wednesday, testing cloud demand.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Alphabet is expected to report earnings of $2.94 per share, up more than 2%.
  2. 02Alphabet revenue excluding TAC is projected to rise nearly 28% to $111.8 billion.
  3. 03Microsoft reports on the same day, after market hours.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Alphabet Inc.GOOGLStock320.58 USDMarket closedtoday +1.19%Neutral Microsoft CorporationMSFTStock531.33 USDMarket closedtoday -0.24%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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