ALPHABET: The search giant is expected to report its seventh straight quarter of double-digit revenue growth, according to Thomson Reuters I/B/E/S. Investor focus will continue to be on Google’s ability to generate strong advertising revenue growth. Google has recently introduced a number of ad initiatives, such as expanded text ads and map ads, as it looks to sustain momentum in face of increasing competition
AMZN: The online retail giant is expected to report its sixth straight quarterly profit, according to Thomson Reuters I/B/E/S. The company’s rapidly growing cloud business, Amazon Web Services, remains a key area of interest for investors. Any details on the company’s successful Prime subscription program, which recently added video and music streaming, will be of interest. Analysts expect the company to continue to add Prime members, particularly before the crucial holiday season.
AAPL Sales:Apple’s shares slipped after the company said it was struggling to keep up with demand for its large-screen, higher-margin iPhone 7 Plus.
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