2026 US stock mega earnings week ultimate showdown! 72-hour key watchlist:

Wednesday July 29
1. NVIDIA $NVDA
has no earnings report this week, but as the leading AI compute power name, giants like Microsoft, Meta, and Amazon continue to expand AI capital expenditure. If the earnings week validates that AI investment keeps rising, NVIDIA will remain the most directly beneficiary asset in the market.
2. Meta Platforms $META
will release after the close. Consensus is about EPS $7.13–7.23, revenue about $60.2–60.3B (YoY +26–27%), close to its own guidance upper end ($58–61B). The key is ad revenue, AI capital expenditure, and whether it moves excess compute capacity to external sales. If ads beat expectations and spending stays controllable, there is significant upside room for profit forecasts, and the stock may sustain its strength (implied volatility about ±8%); if spending is revised higher again but returns miss, it could pull back.
3. Microsoft $MSFT
consensus is about EPS $4.21–4.24, revenue about $87.4–87.7B (YoY about +14–15%), within its own guidance range. The key metrics are Azure (management guidance remains constant for growth of roughly 39–40% in constant currency; the market watches whether it can hold steady or accelerate), Copilot commercialization, and gross margin versus AI investment returns. If Azure delivers and provides positive FY2027 guidance, it will strengthen the AI business model narrative and support the stock price; if growth slows or concerns about capital expenditure rise, near-term pressure is likely (implied volatility about ±7%). AI recurring revenue has already expanded meaningfully—this is a key validation point.
4. SK Hynix $SKHY
market consensus revenue is about 84.1 trillion won, operating profit about 64.1 trillion won. Operating margin is expected to reach 75–77% (a record high), driven by HBM (especially HBM3E leading share), and DRAM/NAND price increases plus long-term agreements. Also, the share of AI data center customers is rising. Focus on HBM order visibility, capacity expansion, and forward guidance. If it delivers high profits and gives a positive demand outlook, it will reinforce the AI storage super-cycle narrative, boosting the stock price and the storage sector; if price or share signals are weak, volatility will increase.
5. Qualcomm $QCOM
consensus revenue is about $9.7B range (its own guidance $9.2–10B). Beyond the smartphone business, the focus is to validate the contribution and guidance from new growth curves in AI PCs, automobiles, and data center/edge AI chips. If progress on diversification beats expectations, it can support a re-rating; if it still relies heavily on the smartphone cycle, the reaction may be muted. Implied volatility about ±10%.
6. Arm Holdings $ARM
consensus is about adjusted EPS $0.41, revenue about $1.27B. Focus on licensing and royalty usage (especially data center/AI-related), orders for new architectures (such as an AGI CPU), and long-term ecosystem expansion. With a high valuation, if growth and guidance are strong it can hold up; otherwise it is prone to pullbacks (implied volatility higher, about ±15%).
7. Robinhood $HOOD
consensus is about EPS $0.41, revenue about $1.23–1.27B. Focus on trading volume, user activity, a rebound in crypto trading, contribution from prediction markets, and growth in Robinhood Gold subscriptions. If crypto and activity beat expectations, there is greater upside. After having missed earlier and then retraced, the results and guidance will determine the near-term direction.
Thursday July 30
8. Apple $AAPL
consensus is about EPS $1.88–1.89, revenue about $108.9–110B (YoY about +15–16%). Focus on iPhone demand, services business (App Store, iCloud, Apple Intelligence, etc., with potential for another record), gross margin (memory cost pressure and price hikes offsetting), performance in China, and leadership transition (hardware head taking over related responsibilities), plus how AI features push the hardware upgrade cycle. The company has historically often beaten, but when running at high levels, any cautious guidance or cost concerns could trigger volatility (implied about ±4%). Services plus AI rollout are the differentiation highlights.
9. Amazon $AMZN
consensus is about EPS $1.81–1.82, revenue about $196–197B (guidance $194–199B). The core is AWS (accelerated earlier to about 28%; the market expects it to sustain or move further into the 30%+ range—AI workloads and backlog orders are key), advertising high-margin contribution, retail efficiency, and overall capital expenditure (AI-related scale is large). If AWS accelerates and delivers a positive outlook, it could be “beat and raise,” boosting the cloud and AI segment; if growth or FCF is dragged down by spending, it will face pressure (implied volatility about ±7%).
10. Samsung Electronics $005930.KS
Market focuses on Device Solutions semiconductor segment details, HBM3E yield, and HBM4 mass production progress, as well as the competitive landscape with SK Hynix in the AI storage supply chain, along with demand and pricing outlook. If HBM progress and profit structure beat expectations, it will reinforce the storage super-cycle; otherwise it will heighten concerns about supply and competition.
This week’s macro focus
11. Federal Reserve interest rate decision
Probability of holding steady is about 60–70%+, with volatility around a 25–40% hike range. No SEP/dot plot. Focus on wording in the statement, dissenting votes (possibly 1–2 votes supporting a hike), and the chairman’s press conference (Kevin Warsh) on comments about the inflation path, jobs, and the future path. If it is dovish (emphasizing data dependence and downplaying near-term hikes), growth stocks and the AI sector are likely to get a boost; if it is hawkish (laying groundwork for hikes in September), valuations will face pressure. Oil prices and geopolitical factors remain upside risks for inflation.
12. Core PCE + GDP + initial jobless claims
GDP (Q2 advance): consensus about the 1.8–2.1% range.
Personal income and spending, PCE (June): core PCE consensus about 0.2% m/m and about 3.3% y/y (prior value about 3.4%); for overall PCE y/y, watch whether it continues to fall.
Initial jobless claims: consensus around 200K.
Cooling inflation plus moderate economic slowdown benefits risk assets; if inflation stickiness or growth is too strong, it will reinforce hawkish pricing.
Who do you think will be the biggest winner of this earnings week?
Go to Bitget now—rToken liquidity is far beyond what you can imagine! I experienced truly smooth liquidity →