BREAKING
Big Tech Earnings to Test AI Spending
0
B
JPMorgan 2026 capex
0
B
Goldman consensus
Alphabet Q2 Capex Roughly Doubles
Alphabet Q2
44.9
Hyperscaler qtr
106
The Reporting Calendar
1
Alphabet Jul 22
↓
2
Intel Jul 23
↓
3
Microsoft/Meta Jul 29
Skeptics vs Supporters
Skeptics
●
Payback lags
●
Free cash flow pressured
●
Revenue impact hard to isolate
Supporters
●
Meta ad gains
●
Copilot growth
●
Azure cloud demand
Burden of Proof on Earnings
AI NEWS BLITZ
Wall Street awaits a two-week wave of reports testing whether huge AI spending pays off.