Big Tech Q1 2026 Earnings Week: $700B AI Bet Goes on Trial

Big tech earnings converge this week. Alphabet, Microsoft, Meta, and Amazon report Q1 2026 results on April 29 (after market close), followed by Apple on April 30. The central question: is the combined $700 billion AI capex commitment actually translating into revenue? Key expectations (consensus, S&P Global / Yahoo Finance): Alphabet: EPS $2.64, revenue $106.9B -- Google Cloud $18.4B (+50% YoY) Microsoft: EPS $4.07, revenue $81.4B (+16.2% YoY) Meta: EPS $6.65, revenue $55.5B Apple: EPS $1.9