Alphabet, Microsoft, Amazon, Meta: What to Expect from Earnings Tonight

Four of the world’s largest companies will release their latest quarterly results on the same day – 29 April 2026.

Alphabet (NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN) each wrapped up 2025 with bold capital expenditure (capex) commitments totalling well over half a trillion US dollars for 2026 alone.

The upcoming earnings release will give investors their first quarterly read on whether the revenue and margins are keeping pace with the spending.

Here’s what we’re watching at each.

Alphabet: Can Three Engines Keep Firing?

Alphabet heads into the release with the clearest tailwind.

In 2025’s fourth quarter (4Q2025), Google Search revenue rose 17% year on year (YoY) to over US$63 billion – the fastest quarterly growth since 2022.

Google Cloud went one better, with revenue surging 48% to US$17.7 billion, its quickest pace in three years.

Cloud…