those stocks are key joining me is scott kessler. 's metrics to watch what is key for you with microsoft and alphabet >> thank you, dom. a couple of things come to mind and arjun hit on some of these first is the top line. i think people are not expecting much, but we are going to see where cloud is for example for both companies for microsoft, azure growth was above 30% in the last quarter they reported. they talked about something like 400 to 500 basis points lower in this quarter i think people are wondering if they will deliver that and where and when will the bottom be reached? that is one thing. the other thing is, of course, with respect to microsoft, the notion of pc demand and growth indications are pc demand has been terrible over the past quarter. those are two things to keep in mind for microsoft for alphabet/google, it is cloud and continuing deceleration of cloud growth as you point out how much can we expect from that core advertising and search business that people are not optimistic. >> is there a macro story to tell