Cloud Should Shine for Amazon, Microsoft Earnings

High values come with high hopes for the coming fourth-quarter earnings season as well as for the full year. Many large tech companies, including Apple, Facebook and Google-parent Alphabet Inc., are watching costs rise faster than revenues, pressuring their bottom lines. Reflecting this, 58% of the tech companies on the S&P 500 that are slated to report results for the December-ending quarter are expected to show earnings growth lagging revenue growth for the period, according to an analysis of data from S&P Capital IQ.

Link: Cloud Should Shine for Amazon, Microsoft Earnings
via http://www.wsj.com

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