Microsoft, Alphabet, Amazon, and Meta report quarterly earnings after today's market close.
These results test a sector pressured by high artificial intelligence development costs.
Investors are tracking cloud growth figures for AWS, Azure, and Google Cloud.
Management will provide forward-looking guidance on AI-related capital expenditures.
OpenAI missed internal growth targets on April 28, increasing pressure on today's results.
The collective outlook will likely drive sentiment for the information technology sector and related ETFs.