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Klay Group says cash flow will boost Apple and Microsoft near term

CNBC reported that Klay Group’s Global Head of Equities said Apple and Microsoft are poised to outperform near term on strong balance sheets and robust cash flows, and that a cash-flow turnaround is expected in 2028.

MarketAlleys Research Desk

Published · 3 min read

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Illustration for: Klay Group says cash flow will boost Apple and Microsoft near term
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What happened

What happened

CNBC reported Oct 12, 23:33 UTC that Klay Group Global Head of Equities Aadil Ebrahim said Apple and Microsoft are poised to outperform near-term. The report names Apple and Microsoft as the companies concerned.

CNBC said the view is driven by strong balance sheets and robust cash flows. CNBC also said Klay Group expects a cash-flow turnaround in 2028, supporting a construct.

Stocks market context

Stocks market context

As of Oct 13, 20:00 UTC the SPY ETF was little changed from the prior close at $778.01 and the QQQ ETF fell 0.33% from the prior close to $743.57. NVIDIA rose 0.97% from the prior close to $228.52; Apple rose 0.09% from the prior close to $341.27; Microsoft rose 0.42% from the prior close to $543.45; Amazon fell 0.37% from the prior close to $258.58; Alphabet rose 0.30% from the prior close to $353.78; Meta Platforms rose 2.63% from the prior close to $762.50; Tesla fell 0.74% from the prior close to $375.23; JPMorgan Chase fell 0.86% from the prior close to $331.43.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $778.01 -0.01% vs prior close Oct 13, 20:00 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $743.57 -0.33% vs prior close Oct 13, 20:00 UTC Finnhub
NVIDIA $228.52 +0.97% vs prior close Oct 13, 20:00 UTC Finnhub
Apple $341.27 +0.09% vs prior close Oct 13, 20:00 UTC Finnhub
Microsoft $543.45 +0.42% vs prior close Oct 13, 20:00 UTC Finnhub
Amazon $258.58 -0.37% vs prior close Oct 13, 20:00 UTC Finnhub
Alphabet $353.78 +0.30% vs prior close Oct 13, 20:00 UTC Finnhub
Meta Platforms $762.50 +2.63% vs prior close Oct 13, 20:00 UTC Finnhub
Tesla $375.23 -0.74% vs prior close Oct 13, 20:00 UTC Finnhub
JPMorgan Chase $331.43 -0.86% vs prior close Oct 13, 20:00 UTC Finnhub

Related coverage

Yahoo published “Find Strong Cloud Stocks Using This Zacks Tool,” which says Zacks Thematic Screens lets investors examine over 30 themes including Cloud Computing. Yahoo also published “Truist lifts Meta target to Street-high $1,000 on strong Muse adoption,” reporting that Truist raised its price target on Meta Platforms to $1,000. Yahoo’s “Stock Market Today” live coverage noted market action as the Dow rose while several firms reported earnings.

What to watch

What to watch

MS Q3 2026 earnings is scheduled Wed Oct 14 (before the open); the event is an earnings release and has an EPS estimate of 3.17, according to finnhub.

  • Wed Oct 14 (before the open) — BAC Q3 2026 earnings · EPS estimate 1.16
  • Wed Oct 14 (before the open) — MS Q3 2026 earnings · EPS estimate 3.17
  • Wed Oct 14 (before the open) — BLK Q3 2026 earnings · EPS estimate 14.40
  • Thu Oct 15 (before the open) — USB Q3 2026 earnings · EPS estimate 1.33
  • Thu Oct 15 (before the open) — SCHW Q3 2026 earnings · EPS estimate 1.70
  • Thu Oct 15 (before the open) — MRSH Q3 2026 earnings · EPS estimate 2.01

Sources and data

  • CNBC (secondary source) — Strong cash flow to drive near-term tech outperformance: Klay Group
  • Yahoo (secondary source) — IREN's Global Expansion Accelerates: Can It Drive Future Growth?
  • Finnhub (market data) — market data

Market data as of Oct 13, 20:00 UTC; report generated Oct 13, 22:30 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. CNBC (secondary, retrieved Oct 13, 2026, 10:33 PM UTC)
  2. Yahoo (secondary, retrieved Oct 13, 2026, 10:33 PM UTC)
  3. Finnhub (market-data, retrieved Oct 13, 2026, 10:33 PM UTC)

Market data as of Oct 13, 2026, 08:00 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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