Core Insights - The earnings results for the Magnificent 7 group are showing strong growth, with Q3 earnings expected to rise by +26.7% year-over-year on +17.6% higher revenues, following a previous growth of +26.4% in earnings and +15.5% in revenues in Q2 [3][6][7] Group Performance - The Magnificent 7 group includes major companies like Apple, Tesla, Amazon, Meta, Alphabet, Microsoft, and Nvidia, with Nvidia yet to report its Q3 results [2][6] - For the Tech sector, 67.4% of the market capitalization in the S&P 500 has reported Q3 results, showing a +24.8% increase in earnings and +12.6% increase in revenues, with a high percentage of companies beating EPS and revenue estimates [4] Overall Market Trends - Among the 389 S&P 500 members that have reported Q3 results, total earnings are up +14.6% year-over-year on +8.3% higher revenues, with 83.5% beating EPS estimates and 75.6% beating revenue estimates [5] - The overall earnings growth expectation for Q3 2025 is +13.8% on +8.1% revenue gains, indicating a positive trend in earnings revisions [8][9]
Zacks Earnings Trends Highlights: Nvidia, Amazon, Alphabet, Microsoft and Meta, Apple and Tesla