This week will see some of the larger tech firms on Wall Street report quarterly results, including Microsoft, Google-parent Alphabet, Amazon and Meta.
Investor Bryn Talkington said Monday there are two elements she is watching this week as major tech-related companies report earnings: ad revenue and discussions around artificial intelligence. This week will see some of the larger tech firms on Wall Street report quarterly results, including Microsoft , Google-parent Alphabet , Amazon and Meta . Talkington said the key for for Alphabet and Meta will be in their ad revenue, as that comprised a chunk of each company's top line.
On Microsoft, Talkington thinks the conversation will remain focused on artificial intelligence and the prominence of OpenAI's ChatGPT, while the company could benefit from a weaker dollar. "I think that like Apple, who last quarter had a tailwind from FX because the dollar was strong, the dollar [now] weakening should also be very creative to Microsoft," Talkington, managing partner at Requisite Capital Management, told CNBC Pro.
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