Microsoft, Alphabet and Amazon release quarterly results this week as AI infrastructure spending grows. Their latest cloud businesses grew 42% at Azure, 82% at Google Cloud and 37% at Amazon Web Services, according to BeInCrypto. Microsoft and Alphabet report Wednesday, hours after the Federal Reserve announces its rate decision at 2 p.m. ET; Amazon reports Thursday. Microsoft expects capital spending above $50 billion, Alphabet’s 2026 capex guidance is $195 billion to $205 billion, and Amazon’s forecast is about $220 billion.