Watchlist: Big Tech Earnings

Haverhill Financial Research · Watchlist · Updated October 12, 2026

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Market data by TradingView; may be delayed. For reference only, not a recommendation.

Why these ten

These ten companies make up a large share of the US stock market, and most are spending heavily on AI. Netflix and Tesla open the season next week, Alphabet and Microsoft report Oct 28, and the chipmakers and Oracle follow later on their own fiscal calendars.

The watchlist

Big tech earnings10 names · Oct 20 to mid-Dec

Company	Reports	The number to watch
NFLX Netflix	Tue, Oct 20 About 4:01 p.m. ET	Operating margin Shows whether price increases and advertising are turning more revenue into profit.
TSLA Tesla	Wed, Oct 21 After the close	Automotive gross margin Shows whether car sales still earn enough to fund its robotaxi and AI projects.
GOOGL Alphabet · Hundred #1 Buy	Wed, Oct 28 After the close	Google Cloud growth and backlog The clearest sign that Alphabet's AI spending is turning into paying customers.
MSFT Microsoft · Hundred #2 Hold	Wed, Oct 28 After the close	Azure growth rate Azure is where Microsoft's AI investment shows up first as revenue.
META Meta Platforms · Hundred #3 Buy	Late Oct Not yet announced	Ad revenue vs. expense outlook Tests whether AI-driven ad gains can keep pace with rising data-center costs.
AMZN Amazon · Hundred #57 Hold	Late Oct Not yet announced	AWS growth and operating margin AWS earns most of Amazon's operating profit and carries its biggest AI bet.
AAPL Apple	Mon, Nov 2 After the close	iPhone sales and holiday outlook The first read on the new iPhone cycle heading into Apple's biggest quarter.
NVDA NVIDIA · Hundred #43 Buy	Late Nov Not yet announced	Data-center revenue and guidance The most direct measure of how much the industry is still spending on AI chips.
AVGO Broadcom · Hundred #4 Buy	Mid-Dec Not yet announced	AI semiconductor revenue Custom AI chips for large cloud companies now drive most of Broadcom's growth.
ORCL Oracle	Mid-Dec Not yet announced	Remaining performance obligations Oracle's contract backlog shows how much signed AI cloud demand is still to come.

Source: company announcements. Dates and times can change.

The question across the group

Every dollar Alphabet, Microsoft, Meta, Amazon and Oracle spend on data centers is revenue for chip companies like NVIDIA and Broadcom. Investors will reward that spending only if cloud and ad growth keep pace with it. Watch whether spending guidance rises again and whether Google Cloud, Azure, AWS and Oracle's backlog hold up. If spending rises while growth slows, expect the chip stocks to feel it too.

Our read going in

Alphabet (#1) is our top pick on the whole Hundred. Search, YouTube and Google Cloud fund one of the strongest AI positions in the market, and the shares still look cheap for that quality.
Meta (#3): AI is making its ads more effective, which is the clearest return on AI spending among the biggest spenders.
Microsoft (#2) and Amazon (#57) are Holds. Both are outstanding businesses, but their prices already assume the heavy AI spending pays off.
NVIDIA (#43) and Broadcom (#4): the two chip names on this list are both Buys on the Hundred, and both report on their own fiscal calendars after the spenders.

Sources and disclosures

Disclosures. Haverhill Financial Research is a publisher of general financial commentary. This watchlist is not personalized investment advice and does not consider any reader's financial situation; readers should do their own research. Inclusion on a watchlist is not a recommendation to buy or sell. Report dates come from company announcements and can change; dates marked as not yet announced are Haverhill estimates. The author of this post does not hold positions in the companies named. Data as of October 12, 2026.