Google, Microsoft, and Amazon will release their financial reports at the end of July

Alphabet (Google) and Microsoft are expected to release their Q2 2026 financial reports on July 29 (UTC+8), while Amazon is expected to release its financial report on July 31 (UTC+8). The market's focus has shifted towards the growth rate of AI capital expenditure (CapEx) and the realization of actual return on investment (ROI). Investors will observe whether the growth rate of AI related capital expenditures matches the growth of AI revenue, and whether cloud businesses such as Google Cloud, Azure, AWS can increase growth rates, improve profit margins, and increase capital returns through AI demand.