TradingKey – Alphabet (NASDAQ: GOOGL) heads into next week’s earnings after falling 3.15% to $324.22 on Thursday, October 22, as the AI spending selloff hit Big Tech. The stock is about 21% below its 52-week high of $408.61 and close to the $317.69 level where it ended after its July earnings drop.
Alphabet reports third-quarter results after the close next Wednesday, October 28, with the call at 4:30 p.m. ET. The Federal Reserve announces its rate decision at 2:00 p.m. ET that day, and Microsoft reports after the close too.
What the Street Expects
Analysts expect revenue of about $127.4 billion to $127.8 billion, up roughly 25% from $102.35 billion a year earlier, and EPS of about $2.94 to $3.04, versus $2.87. Alphabet does not give…
