Big tech earnings converge this week. Alphabet, Microsoft, Meta, and Amazon report Q1 2026 results on April 29 (after market close), followed by Apple on April 30. The central question: is the combined $700 billion AI capex commitment actually translating into revenue?
Key expectations (consensus, S&P Global / Yahoo Finance):
- Alphabet: EPS $2.64, revenue $106.9B -- Google Cloud $18.4B (+50% YoY)
- Microsoft: EPS $4.07, revenue $81.4B (+16.2% YoY)
- Meta: EPS $6.65, revenue $55.5B
- Apple: EPS $1.95, revenue $109.4B -- first results factoring in ~$3.3B cumulative tariff costs
The Mag 7 aggregate Q1 consensus: EPS +20.3%, revenue +22%.
Why it matters for Korean investors: SK Hynix posted Q1 2026 operating profit of 37.6 trillion KRW (+405% YoY), and Samsung Electronics reached 57.2 trillion KRW (+755% YoY). Both are powered by HBM memory demand from these AI data center buildouts. If big tech reaffirms capex plans, that is a direct positive signal for Korean semiconductor stocks (~41% of KOSPI market cap).
For the full analysis in Korean, visit Snakestock
Top comments (0)