Major earnings announcements are anticipated before the market opens on Wednesday, featuring key players such as Verizon Communications Inc (NYSE:VZ), Boeing Co (NYSE:BA), Caterpillar Inc (NYSE:CAT), CVS Health Corp (NYSE:CVS), and Kraft Heinz Co (NASDAQ:KHC). These pre-market reports follow a pivotal evening in technology, with Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc Class A (NASDAQ:GOOGL) both slated to release their quarterly results after markets close Wednesday.
Microsoft is expected to report its fiscal Q1 2026 earnings, with analysts projecting revenue of roughly $75 billion and earnings per share (EPS) around $3.67, according to consensus estimates. Alphabet’s third-quarter results are also highly anticipated, with Wall Street expecting about $100 billion in revenue and EPS of roughly $2.27.
Among the companies reporting before the market open, Boeing is projected to post another quarterly loss as supply chain challenges and aircraft delivery delays persist. Verizon’s results will be closely watched for signs of subscriber growth stabilization, while Caterpillar and CVS Health are seen as key indicators of industrial and healthcare sector strength.
#Investor Takeaway
This midweek earnings wave could heavily influence investor sentiment across technology, industrial, and consumer sectors. With Microsoft, Meta and Alphabet reporting after the close, and heavyweights like Boeing, Verizon, and Caterpillar posting in the morning, investors should expect an active trading day. The breadth of reports—from cloud computing to healthcare and manufacturing—means earnings surprises in either direction could sway sector leadership into Thursday’s session.
#Market Impact
A strong showing from Big Tech could extend the market’s recent resilience, lifting major indices and improving risk appetite. Microsoft’s cloud growth, Alphabet’s ad performance, and Meta’s AI-driven spending outlook will be key swing factors for the Nasdaq and broader S&P 500. Meanwhile, pre-market updates from Boeing, Caterpillar, and Verizon will provide a real-time pulse on industrial demand, supply chain conditions, and consumer connectivity trends. Diverging results could fuel sector rotation, with defensives like healthcare and consumer staples potentially providing balance if tech or industrials disappoint.
#What’s Next
After today’s triple-header in tech, attention will turn toward Apple (AAPL) and Amazon (AMZN), both scheduled to report later this week, rounding out a packed stretch of megacap earnings. Beyond headline numbers, investors should closely track management commentary on spending discipline, AI monetization, and macro-sensitivity.
With inflation still above target and the Fed signaling a cautious stance on rates, forward guidance will likely matter more than backward-looking results as markets position for the final months of 2025.