IXIC: Nasdaq Composite Futures Up Ahead of More Big Tech Earnings. Here’s the Roster.

Ready for a jam-packed week of earnings data? Meta, Microsoft, Apple, and Amazon will be turning up the heat in this already-hot summer stretch.

📈 Nasdaq Futures Look Up

• Nasdaq Composite IXIC futures were pointing higher by 0.55% in pre-market trading Monday as markets were getting ready to be swept off their feet (or get punched in the gut). It’s the week of big tech reporting earnings and the majority of the Magnificent Seven is due for quarterly updates. What’s on the agenda?
• Four heavy hitters from the tech world are lined up with Meta META opening up. The Facebook parent reports on Wednesday after the close and is expected to pick up as much as $44.8 billion in revenue and $5.87 in earnings per share.
• Microsoft MSFT joins at just about the same time with projections pointing to $73.8 billion in revenue and $3.38 in earnings per share. But wait, that’s not all! More tech giants coming to your screens.

😎 Big Boys of Tech Line Up

• Amazon AMZN and Apple AAPL offload quarterly figures a day later, on Thursday. The ecommerce and cloud computing mainstay is expected to pull in a whopping $162.1 billion in revenue and $1.32 in earnings per share.
• The iPhone maker, which has slowly been lagging behind and losing its market cap to show a 12% year-to-date drop, is expected to report $89.2 billion in revenue and $1.43 in earnings per share.
• And that’s all but one of the elite Mag 7 club — Nvidia NVDA is reporting in late August because it tracks its fiscal quarters a month ahead. And Tesla TSLA and Alphabet GOOGL already delivered their numbers. Tesla’s weren’t too flashy but the Google parent did impress with a double beat.

👀 What Else Is Happening?

• Brace yourself as the earnings season is about to hit fever pitch — these seven companies alone are expected to post earnings growth of 14% year on year. The other 493 companies of the S&P 500? We’re looking at a moderate 3.4% growth rate.
• Outside the earnings parade, traders and investors will be eyeing the latest data dump on the economic front. The Federal Reserve is coming together to drop its interest decision on Wednesday. Fed boss Jay Powell is expected to say they’re keeping rates steady at 4.5% (expect Trump to go off on his Truth Social platform).
• The monthly nonfarm payrolls are hitting the decks on Friday with consensus calling for a soft 108,000 jobs added in July. Summer drought? Maybe. An effect of tariff uncertainty? Maybe. Also, the US and the EU announced on Sunday a 15% tariff agreement, slashing the initial proposal of 30%.