Big Tech earnings in store for the Nasdaq 100 futures after the close tonight

There is much water to flow between now and when we get the really important big tech earnings reports from Alphabet and Microsoft after the closing bell this evening. That not least concerns the Fed policy decision some two hours before those earnings drop. 

We shall be on hand later this evening to cover the Q3 earnings from Alphabet (GOOGL), due out around 8pm GMT. The markets expect Q3 revenue of $127.9 billion, with an EPS of $3.03. Not long after that we get the numbers from Microsoft (MSFT). That company is expected to deliver Q3 earnings of $90.62 billion, with an EPS of $4.71. We should also note the combined market cap of these two tech titans is around $7.82 Trillion. 

The other factor to consider here; the Q4 outlook and planned AI Capex from both outfits as that could be just as important, if not more so than the results themselves. Ahead of this and all that comes before it, the Nasdaq 100 futures are still very much in the green this morning, higher than when noted earlier. The Nasdaq 100 is currently pricing the opening for this afternoon around 29,810