{"id":66252,"date":"2026-01-28T02:00:24","date_gmt":"2026-01-28T07:00:24","guid":{"rendered":"https:\/\/www.tradestation.com\/insights\/?p=66252"},"modified":"2026-01-28T10:08:07","modified_gmt":"2026-01-28T15:08:07","slug":"big-tech-earnings-january-2026","status":"publish","type":"post","link":"https:\/\/www.tradestation.com\/insights\/2026\/01\/28\/big-tech-earnings-january-2026\/","title":{"rendered":"Capex and New Movers: Big Tech Earnings Start Today"},"content":{"rendered":"

Fourth-quarter earnings season has begun with technology stocks trying to recover from anxiety about AI spending.<\/p>\n

Megacap growth stocks like Microsoft (MSFT) and Meta Platforms (META) dropped after their last numbers in October and have underperformed the broader market since. Investors have worried about their spending plans and valuations.<\/p>\n

There\u2019s also been a focus on at least two other trends. First has been the pivot toward makers of data-storage products and related capital equipment, like Micron Technology (MU) and Applied Materials (AMAT). Second has been the surge in precious metals and global stocks.<\/p>\n

But attention could return to big tech this afternoon when MSFT and META report quarterly results. Interestingly, their earnings may not be the main story. Instead, their capital-spending plans could trigger a potential reaction in suppliers like Nvidia (NVDA).<\/p>\n

This table provides the timing for select stocks in the group. (Note: All earnings are due after the closing bell on their respective dates.)<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Company<\/strong><\/span><\/td>\nEarnings Date<\/strong><\/span><\/td>\nAverage Options Volume**<\/strong><\/span><\/td>\n3-Month Change<\/strong><\/span><\/td>\n<\/tr>\n
Microsoft (MSFT)<\/td>\n1\/28<\/td>\n397,800<\/td>\n-8.2%<\/td>\n<\/tr>\n
Meta Platforms (META)<\/td>\n1\/28<\/td>\n477,400<\/td>\n-8.9%<\/td>\n<\/tr>\n
Tesla (TSLA)<\/td>\n1\/28<\/td>\n2.1 million<\/td>\n-0.7%<\/td>\n<\/tr>\n
Apple (AAPL)<\/td>\n1\/29<\/td>\n760,000<\/td>\n-1.7%<\/td>\n<\/tr>\n
Palantir Technologies (PLTR)<\/td>\n2\/2<\/td>\n588,700<\/td>\n-10%<\/td>\n<\/tr>\n
Advanced Micro Devices (AMD)<\/td>\n2\/3<\/td>\n573,700<\/td>\n-0.3%<\/td>\n<\/tr>\n
Alphabet (GOOGL)<\/td>\n2\/4<\/td>\n345,400<\/td>\n+29%<\/td>\n<\/tr>\n
Amazon.com (AMZN)<\/td>\n2\/5<\/td>\n575,900<\/td>\n+9.1%<\/td>\n<\/tr>\n
Nvidia (NVDA)<\/td>\n2\/25<\/td>\n2.1 million<\/td>\n+1.2%<\/td>\n<\/tr>\n
Broadcom (AVGO)<\/td>\n3\/5*<\/td>\n294,100<\/td>\n-6%<\/td>\n<\/tr>\n
Micron Technology (MU)<\/td>\n3\/19*<\/td>\n409,000<\/td>\n+87%<\/td>\n<\/tr>\n
*- estimated dates
\n**-Average option volume in the last month, according to TradeStation data<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Recent News<\/h2>\n