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Amazon, Meta and Microsoft face skeptical investors after Google shakeup
The week of results comes after Alphabet reported negative free cash flow and raised its capital spending outlook, raising questions for cloud peers.
CNBC Markets says Amazon, Meta and Microsoft are set to face skeptical investors this week, after a recent Google development sparked a sell-off.
The outlet points to Alphabet's report showing free cash flow has turned negative, and that the company also lifted its capital spending forecast.
With multiple cloud-related competitors scheduled to report around the same time, investors are likely to focus on whether those companies’ performance and spending plans can match up with the new expectations set by Alphabet's guidance.