Hua Er Jie Jian Wen·2025-05-05 01:27Group 1 - Despite a decline in earnings expectations across many S&P 500 sectors, U.S. tech giants have shown unexpectedly strong performance during the earnings season [1] - The projected earnings growth for the "Mag7" is 21.6% and revenue growth is 9.7% by 2025, with both estimates rising over the past week [1] - Demand for electronic devices, cloud computing services, software, and digital advertising remains strong, alleviating investor concerns regarding the potential worst-case scenarios from Trump's trade policies [1] Group 2 - Amazon's operational profit outlook is weaker than expected, but CEO Andy Jassy noted that there are no signs of demand weakening [2] - Meta's forecast aligns with analyst expectations, boosting confidence in digital advertising spending [2] - AI capital expenditures remain robust, benefiting chip manufacturers like Nvidia and Broadcom, with Meta raising its capital expenditure forecast for the year [3] Group 3 - Microsoft exceeded revenue expectations due to strong performance in its Azure cloud computing business, with demand continuing to outstrip data center capacity [1][3] - Not all news is positive; Tesla has abandoned its previous forecast for revenue growth recovery by 2025, and Apple anticipates an increase of $900 million in costs due to tariffs [3] - Analysts have downgraded Apple's ratings, citing tariff pressures and growth concerns as reasons [3]