Amazon and Alphabet are soaring to all-time highs while Microsoft remains down big in 2026.

A lot has happened since late October, when OpenAI completed its recapitalization, giving Microsoft a 27% stake in the for-profit side of the artificial i

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Wall Street’s attention shifted sharply to Big Tech, with investors looking beyond headline numbers to a deeper question: Is AI paying off?

Alphabet, Amazon, Meta and Microsoft —are set to report their latest quarterly results after Wednesday's closing bell.

Wednesday night’s Fast Money panel on CNBC turned into a referendum on what an AI hyperscaler is supposed to look like in 2026. Amazon (NASDAQ:AMZN | AMZN Price Prediction) and Microsoft (NASDAQ:MSFT) reported on the same evening,

Though the companies each have different sets of revenue sources, sales growth among the cloud divisions of Microsoft, Amazon and Google will be in the spotlight for analysts. As the industry continues to pour hundreds of billions of dollars into artificial intelligence investments,

Recent filings reveal diverging revenue patterns and margin profiles between these tech leaders, with notable differences in quarterly volatility and scale.