July 2022

Alphabet is searching for a win. Google’s parent company didn't have the strongest Q1. And fell short of analysts’ expectations in revenue — including for YouTube ad revenue. But Google’s cloud biz showed out, with 44% growth over the quarter. We’ll see if Alphabet’s Q2 was ‘easy as 1, 2, 3.’

Brace yourself. Last month, the Federal Reserve raised interest rates by three-quarters of a percentage point — the largest hike since 1994. All of this is to combat the grim inflation situation. And rumor has it, we’ll see another increase this month. Should be interest-ing. Here's how rising rates can impact your wallet.

The tech giant is hoping for a repeat of Q3. Last quarter, Microsoft saw double-digit growth. With revenue up 18% at $49.4 billion. The company shouted out its cloud business for a lot of their success. We’ll see if they excel in Q4 too.

Meta (the artist formerly known as Facebook) is hoping to stay friends with investors. Last quarter was a mixed bag: While earnings were up, revenue wasn't. It came in at $27.91 billion, a little short of analyst estimates of $28.2 billion. The company blamed the war in Ukraine for some of the loss, since it paused some ads to help avoid any distractions from public safety announcements. We’ll see if they raked it in this quarter…Meta-phorically.

Spotify is hitting ‘play’ on its latest earnings report. Last quarter, Spotify saw a 19% year-over-year increase in monthly users. Bringing the number up to 422 million. A positive showing, but still short of the jump that analysts expected. Investors are hoping they’re able to add up the ante in Q4.