Technology giantAlphabet Inc(NASDAQ:GOOG)(NASDAQ:GOOGL) is one of several Magnificent 7 stocks set to report what could be a telling of how much growth is ahead in the tech sector and how AI investments are paying off when the company reports third-quarter financial results after market close Tuesday, Oct. 29.
Earnings Estimates:Analysts expect Alphabet to report third-quarter revenue of $86.34 billion, compared to $76.69 billion in last year's third quarter according to data from Benzinga Pro.
The company has beaten analyst estimates for revenue in seven straight quarters.
Analysts expect Alphabet to report third-quarter earnings per...
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