2 Companies Worth $5 Trillion: What To Look For When Microsoft And Alphabet Report Today

The megatech earnings bonanza begins today with reports from MSFT and GOOGL, which collectively sport $5 trillion in market cap, but we also get earnings from AMD, JNPR, EA, SBUX, SKWS, and many other large and small companies. Let's take a closer look at the big ones.

Starting with GOOGL (market cap $1.913 trillion), here are the key bogeys:

• Adj Q4 EPS 1.722; GAAP EPS 1.59
• Q4 Revenue ex-TAX $79.975BN (Q4 Revenue $85.365BN)
  • Q4 Reported Search Growth: 14-15%/ $48.6-$49Bn
  • Q4 Reported YouTube: 15-16%/ around $9.16BN
• Q4 Total Operating Profit:  $23.819BN (whisper per UBS is $24.5-$25 bn, slight beat vs Street)