CNBC·2026-02-01 23:46Group 1: Alphabet - Alphabet is expected to report strong earnings, with a focus on its self-driving ride service Waymo, valued at $110 billion, which could attract consumer interest [1] - Ruth Porat, Alphabet's president and chief investment officer, is recognized as a highly effective executive, contributing to the company's positive image and performance [1] - The reversal of a previous antitrust ruling has strengthened Google's market position, allowing it to maintain its dominance in the internet space [1] - The launch of Gemini 3 has positioned Google favorably in the consumer AI market, enhancing its competitive edge against other AI products [1] - YouTube and Google Cloud are highlighted as key growth drivers, with YouTube becoming a leading video platform and Google Cloud gaining traction as a viable alternative to AWS and Azure [1] Group 2: Amazon - Amazon's upcoming earnings report is anticipated to impact market sentiment, with analysts expressing mixed feelings about the company's performance [2] - The company has successfully navigated challenges posed by the pandemic, but Wall Street remains skeptical about its consumer-focused business model [2] - Amazon Web Services (AWS) is facing scrutiny regarding its growth rate, but recent improvements may help regain investor confidence [2] - The potential for Amazon to outperform expectations hinges on its ability to deliver a strong earnings report amidst broader economic indicators, such as the upcoming jobs report [2]