Microsoft and Amazon will report quarterly results for July through September one day apart. The two companies have taken opposite paths in expanding artificial intelligence (AI) infrastructure. Microsoft is lease-centric, renting data centers, while Amazon is construction-centric, building its own. What Wall Street wants to confirm this earnings season ultimately comes down to the same question: how much of the tens of billions of dollars in AI capital spending is actually flowing back as revenue and cash.
Microsoft reports after the market close on Oct. 28, and Amazon after the close on Oct. 29. Alphabet also reports the same week. Combined, the three companies have a market value of $10 trillion, and their planned capital spending this year totals up to $600 billion (~803.1 trillion won). Their combined order backlog already stands at $1.7 trillion (~2,275.6 trillion won).
Market consensus is mixed. Microsoft’s revenue for the quarter is expected at about $90.6-90.7 billion…
https://finance.biggo.com/news/4ce3eadb-99a2-42d2-897a-260c5f3c6e48
