Zacks.com has released a list of companies expected to issue earnings surprises, including Nvidia, Best Buy, Ulta Beauty, and Amazon. Nvidia stands out as a leader in the artificial intelligence ecosystem, with unrivalled chips running the models. Analysts expect Nvidia to bring in $1.00 EPS on $46.03 billion in revenues, with a strong year-over-year growth trend.

Earnings season is in full swing, with positive growth expectations for companies like Nvidia. The Retail sector has seen a mix of results, with 74.1% of companies beating EPS estimates and revenues. Amazon’s strong performance adds to the sector’s overall growth, showcasing the convergence of digital and brick-and-mortar operations.

Overall, 95.4% of S&P 500 members have reported Q2 earnings, with a significant percentage beating estimates. Earnings are expected to increase by +12.1% from the same period last year on +6.1% higher revenues. Tech, Finance, and Energy sectors have seen positive estimate revisions, while others face pressure in the current economic climate.

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Read more at Nasdaq.: Nvidia, Best Buy, Ulta Beauty and Amazon are part of Zacks Earnings Preview