TRENDING · GLOBAL
Alphabet and Microsoft earnings due; investors watching for AI capex guidance and LLM cost inflation signals
With U.S. Fed decision looming and U.K. budget announcements, investor focus shifts to Q3 earnings from Alphabet and Microsoft—specifically how much capex they're allocating to AI infrastructure, whether training costs are accelerating, and margin pressure from AI competition. Results will reset expectations for AI spending across the industry.
WHY IT MATTERS
BFSI CIOs and CFOs planning 2027 AI budgets are calibrating on hyperscaler earnings guidance; if Alphabet/Microsoft signal margin compression from AI R&D or surge in inference costs, it signals rising TCO for bank AI projects and may trigger conservative reprioritization of deployments.
Source: CNBC · 2026-10-28