Big Tech Earnings Week Is Here and $MSFT, $GOOGL, $META Have Everything to Prove

Welcome to the most important Wednesday in tech's calendar. $MSFT, $GOOGL, and $META are all reporting earnings this week, and according to Bloomberg's market rundown, the AI infrastructure story is officially on trial. Azure cloud growth came in at 38% last quarter — a full 10 percentage points behind Google Cloud's 48%. That gap needs to close, or Microsoft's valuation starts looking like a very expensive leap of faith.

$GOOGL is expected to post Google Cloud growth close to 50%, boosted by new TPU chips and a 3.5 gigawatt deal with Anthropic and Broadcom — which sounds less like a tech deal and more like they're powering a small country. The one dark cloud (pun absolutely intended): search revenue faces real headwinds from LLM chatbot competition, including, awkwardly, tools Google itself built.

$META enters the week as the quiet overachiever — Reddit and X sentiment is notably bullish heading in, with Andrei Jikh's audience buzzing about capital flows away from US assets toward China, which puts extra pressure on any US tech name that can't show genuine fundamental strength. If Meta delivers, it won't just beat estimates — it'll remind everyone why it's still the most underrated ad machine on the internet.