158 S&P 500 Companies Report Earnings This Week; Microsoft Targets $600, Meta on July 29

According to CNBC, 158 S&P 500 companies will report earnings this week (July 29-30), including tech giants Microsoft, Meta, Amazon, and Apple.

Morgan Stanley set a $600 price target for Microsoft ahead of its July 29 earnings release, implying 57% upside from last week's close. The firm expects Azure capacity-driven growth and Copilot monetization to drive late-teens revenue growth. Meta reports the same day; JP Morgan maintains a neutral rating, noting the company's 4 billion-user base positions it for AI monetization through improved models and infrastructure. Amazon and Apple report July 30; Truist expects accelerating AWS growth and above-industry-average performance in e-commerce and digital advertising.