Mega-Cap Week: MSFT, Meta, Apple Due

Today and tomorrow bring the heaviest earnings slate of the season. Four mega-cap names report in quick succession.

Microsoft and Meta both release results today, July 29, after the close. Microsoft investors will focus on Azure cloud growth. Meta will face scrutiny over AI spending and ad revenue trends. Chipotle and Starbucks also report today — both stocks have moved sharply on recent prints.

Tomorrow, Thursday July 30, Apple and Amazon drop results after the bell. These are the two biggest market-cap companies in the world. Apple's iPhone demand in China remains the key question. Amazon's cloud and advertising growth will drive the reaction.

Mastercard reports Thursday morning. Bristol-Myers Squibb and Check Point Software also hold calls Thursday.

Friday sees both ExxonMobil and Chevron open the session with results. Oil majors will set the tone for energy stocks heading into August.

Next week's early events include AMD, Amgen, and Spotify on Tuesday August 4. Walt Disney and Uber follow on Wednesday August 5.

On the IPO front, no major listings are confirmed in the next seven days.

European names also active this week include Standard Chartered and SK Hynix, with the Korean memory chip giant reporting today ahead of its US session.