Zacks Investment Researchยท2025-07-28 21:43Earnings Season Overview - The busiest weekend of earning season features four of the Magnificent Seven stocks, promising significant market activity [1] - Analyst will release videos covering the MAG Seven stocks, hot charts from various reporting companies, and a special segment on gold miners [2][3] - Analyst will share charts and videos on X (formerly Twitter), Stock Twits, and Blue Sky throughout the earning season [4] Apple (AAPL) - Apple's earnings surprise track record is strong, but analysts have slightly reduced their bullishness [6][7] - Revenue growth is expected to be 53% this year and 8% next year, but the forward PE is high at 30 times [7][8] - Apple's lack of a significant presence in AI may be holding the stock back [8] Amazon (AMZN) - Amazon has regained a Zacks number one ranking after facing difficulties in 2022 [9][10] - Amazon has beaten earnings estimates for 10 consecutive quarters, with expected revenue growth of 136% this year and 159% in 2026 [11] - Amazon's PE ratio of 36 times is relatively low compared to its historical levels [11] - Amazon is heavily involved in AI and building data centers, becoming a one-stop shop for its data center needs [12] Meta Platforms (META) - Meta Platforms also has a Zacks number one ranking and has turned around its performance after 2022, beating earnings estimates for 10 consecutive quarters [13][14] - Revenue growth is projected at 78% this year and 101% in 2026, with a PE ratio of 27 times [15] - Meta is investing heavily in AI, and its success will determine future share performance [16] Microsoft (MSFT) - Microsoft has a Zacks number two ranking and a strong earnings chart, with only one miss in 2022 [17] - Revenue growth is expected to be 131% this year and 118% next year [18] - Despite an expensive PE ratio of 34 times, Microsoft offers double-digit revenue growth [19]