Preview | Microsoft, Alphabet-C, Meta Platforms, Amazon! Heavyweight financial reports of technology stocks are coming this week. What does the market care about the most?

The heavyweight financial reports of the star technology stocks in the US stock market are coming this week!

After the market closes on Tuesday, Microsoft and Alphabet-C, the parent company of Alphabet-C, and after the market closes on Wednesday, Meta, and after the market closes on Thursday, Amazon will all release their latest quarterly results.

It is worth noting that since the beginning of this year, the stock prices of these four major technology giants have all risen, with increases of 18%, 20%, 77%, and 26%, respectively. Their total market value has exceeded 5.1 trillion US dollars, accounting for about 15% of the total market value of the S&P 500 index.

This also means that the stock price changes of these technology giants can easily influence the market, and the S&P 500 index has also risen nearly 8% this year under the impetus of technology stocks.

On the one hand, there are already many technology stock investors, and considering the impact of technology stocks on the overall market trend, investors naturally pay extra attention to the financial reports of technology stocks. So, what is everyone most concerned about this time?

That is, under the background of rising interest rates and slowing demand, how have the core businesses related to demand of each company, such as Alphabet-C and Meta's advertising, Amazon's e-commerce, and Microsoft's business customers' technology budgets, progressed? And what kind of global economic trend will it reflect?

Specifically, for Alphabet-C, whose current expected P/E ratio is slightly higher than 19 times, investors are focusing on profit margins and cost discipline. Most importantly, whether Alphabet-C's advertising sales have met or exceeded expectations.

As for Microsoft, whose P/E ratio has risen from 23 times at the beginning of the year to 27 times, the market hopes to see healthy levels of IT spending by its customers to indicate healthy economic demand.

For Meta, whose P/E ratio is close to 20 times, investors hope that its profits will greatly exceed expectations, and the decline in sales such as advertising will not exceed expectations. Otherwise, given that the stock price has already risen too much this year, the possibility of a sharp drop in the stock price after the financial report will increase sharply.

Finally, Amazon, which has the highest P/E ratio among the four major technology stocks, reaching 57 times, the market hopes to see its online sales reach or exceed the expected 50.7 billion US dollars, and the best profit should also be higher than the adjusted earnings per share of 27 cents expected by Wall Street.