Wall Street Weighs In: AMZN, AAPL, MSFT Earnings Preview Among Magnificent 7
The Magnificent 7 tech giants—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—remain focal points for market sentiment as earnings season approaches. Five members of this elite group are set to report September quarter results this week, with particular scrutiny on Amazon, Apple, and Microsoft.
Amazon shares have lagged peers with just 2.2% year-to-date gains amid concerns over AI investment costs. Analysts project $1.57 EPS (+10% YoY) and $178 billion revenue (+12%) when the e-commerce giant reports October 30. The Street will watch cloud performance and margin trajectory closely.
Microsoft enters earnings with AI leadership credentials intact, while Apple faces questions about iPhone demand stability. All three stocks face heightened volatility expectations during this pivotal reporting period for big tech.