Market Preview: Tech Giants Earnings Day
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
Should l Buy GOOGL?
Source: CNBC
- Fed Rate Decision: The Federal Reserve is expected to keep interest rates unchanged this afternoon, with market participants closely watching Chair Powell's press conference, which could influence investor confidence in the economy's future.
- Tech Giants Earnings: Alphabet, Amazon, Meta, and Microsoft are set to report earnings after the bell, with high expectations for Alphabet's cloud and advertising growth, while Amazon must discuss more than just its cloud success to maintain its stock price.
- Seagate Strong Performance: Seagate reported a strong quarter that exceeded expectations, driven by surging demand for data storage technology in the AI era, with its stock up 600% over the past year and an additional 16% increase today.
- Visa Quarterly Results: Visa's quarterly performance was robust, with limited disruption from the Middle East, announcing a $20 billion buyback plan and projecting low double-digit to low-teens revenue growth for the year, resulting in a stock price increase of over 5%.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to fall
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 397.990
Low
305.00
Averages
374.25
High
400.00
Current: 397.990
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Portfolio Consistency: QQQM and QQQ share the same 102 holdings, including tech giants like Nvidia, Apple, and Microsoft, with QQQM achieving a slightly higher average annual return of 13.37% over the past five years compared to QQQ's 13.31%, indicating its competitive edge in long-term investments.
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- Liquidity Differences: Although QQQM has lower liquidity with net assets of $82.9 billion and average trading volume of 4.1 million shares compared to QQQ's $440.3 billion and 59.8 million shares, this difference is not significant for most long-term investors, making QQQM a more cost-effective choice.
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- Surge in Cloud Services Demand: Amazon forecasts capital spending of $200 billion this year to support its AWS customers, indicating a rapid increase in demand for cloud services, which is expected to significantly boost the company's revenue.
- Industry Profit Growth: Alphabet, Amazon, and Meta have propelled S&P 500 earnings growth to over 27%, the highest level since 2021, demonstrating the positive impact of AI technology on corporate profitability.
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