💻 AI is back in focus as Microsoft, Alphabet and Amazon report earnings this week. After fresh concerns over spending and debt, the Reuters Morning Bid podcast examines what's at stake

Microsoft, Alphabet and Amazon are scheduled to report quarterly earnings this week, with artificial intelligence back at the center of investor attention amid renewed concern over the scale of their spending and borrowing. The transmission channel runs through capital expenditure expectations and credit conditions: heavier data-center and chip outlays compress free cash flow, and if financed with debt, they raise questions about leverage and the cost of capital that can reprice these mega-cap names as a group. Microsoft, Alphabet and Amazon are the most directly exposed, since their guidance on AI infrastructure spending and cloud revenue growth will determine whether current investment levels are viewed as justified returns or as an overextension. Traders will focus on capital expenditure guidance and cloud segment growth in the earnings releases, along with any commentary on debt issuance and free cash flow, as these figures will signal whether the market's appetite for AI-driven growth is sustainable.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.