Waiting with Bated Breath | Google & Microsoft Earnings

The start of something BIG?

Today after the market close, starts the beginning of the Magnificent Seven’s earning reports for 2nd Quarter 2023. This will set the tone for some of the next 90 days of market activity.

Google and Microsoft are up first. Earnings and revenue projections, found on Seeking Alpha eare as follow for each:

Google:

• EPS Normalized Estimate $1.34

• EPS GAAP Estimate $1.34

• Revenue Estimate $72.76B

Microsoft:

• EPS Normalized Estimate $2.55

• EPS GAAP Estimate $2.55

• Revenue Estimate $55.49B

  

The question I have is, does the earning of the magnificent seven represent the US Consumer?

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