Big Tech Earnings Super Bowl Looms: Alphabet, Microsoft Face Volatility with Fed Verdict

Markets gear up for April 29 'Super Bowl' as Alphabet (GOOG/GOOGL), Amazon, Meta, and Microsoft report earnings alongside Powell's final Fed press conference. Coverage intensified on April 26 with two articles highlighting the group's $650 billion 2026 capex plans, their 19% S&P 500 weight, and risks like Microsoft's 12% YTD drop and 38% Azure growth expectations. Geopolitical tensions in the Strait of Hormuz and helium supply add uncertainty, priming heightened volatility around AI demand, cloud metrics, and Fed's 3.50%-3.75% rate hold.