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Monstrous Earnings Ahead: Facebook, Microsoft, Alphabet, Apple and Amazon in Focus

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Reuters

Tech giants’ earnings may be another test for markets at new highs

NEW YORK (Reuters) -Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields. Apple Inc, Microsoft Corp, Google parent Alphabet Inc, Amazon.com Inc and Facebook Inc are all set to report earnings next week. Strong earnings reports have helped lift the S&P 500 to fresh record highs, with the benchmark index rising 5.5% so far in October.

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