Mega-Cap Tech Dominates a Packed Week

Microsoft and Amazon headline an unusually heavy earnings slate this week. Both report Thursday, October 29, alongside Intel in a triple-header for big tech.

Microsoft kicks off Wednesday evening with its fiscal Q1 2027 results. The $3.9 trillion company's cloud growth pace is the central question. Amazon follows Thursday after the close, with investors watching ad revenue and AWS margin trends.

Intel's Thursday call adds another dimension. The chipmaker's turnaround is still in early stages. Any commentary on foundry progress or AI chip orders will move the stock.

Wednesday also brings Chipotle and Align Technology. Chipotle has held up well in a difficult consumer environment. Align investors want to see whether dental spending is recovering.

Monday sees Cadence Design Systems report Q3 results. The EDA software maker sits in the middle of the AI chip design boom. Taiwan's export orders hit a record high in September, the largest reading since 1984, per ORTEX alt data. That tech demand surge is the backdrop for Cadence's numbers.

Tuesday brings S&P Global and Centene. On the European side, Mercedes-Benz reports Wednesday. Dutch car registration data, a leading indicator for Mercedes revenue, is running 6% below the same quarter last year.

No IPOs are scheduled in the next seven days.