Big Tech Earnings, Nvidia’s GTC Dominate Crowded Week

This is our first of what we plan to be a regular Sunday evening Briefing, looking out at the coming week. And what a week this promises to be. Nvidia is holding one of its GTC events for developers and customers in Washington Monday through Wednesday—which leather jacket will Jensen Huang wear onstage this time? (For more on GTC, see below.) We’ve also got a flood of earnings reports. Meta Platforms, Google and Microsoft are reporting on Wednesday afternoon, while Apple, Amazon, Coinbase and others are checking in on Thursday. Let’s not forget that President Donald Trump is scheduled to meet China’s President Xi Jinping on Thursday to discuss trade—hopefully we’ll get clarity on TikTok (The Information is also holding its annual WTF conference on Tuesday and Wednesday.)

For investors, tech earnings will dominate. We’re never clear why companies decide to report at the same time as each other: One possibility is they know fewer people can pay close attention. The good news is that we can more quickly see trends in the numbers. There are a couple of key businesses we’ll be monitoring. One is how the cloud units of Microsoft, Google and Amazon are faring. Last quarter, you might recall, Google Cloud and Microsoft’s Azure both showed accelerating growth, each above 30%, while industry leader Amazon Web Services lagged well behind with growth of 18%. Since then, Google Cloud in particular has struck a number of deals, including with Meta, OpenAI and Anthropic.