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The Nasdaq hits a new high, igniting expectations for the US stock earnings season! Citi predicts nearly 90% of tech stocks will deliver "earnings surprises," with Nvidia and AMD leading the outperformance list.

The Nasdaq hits a new high, igniting expectations for the US stock earnings season! Citi predicts nearly 90% of tech stocks will deliver "earnings surprises," with Nvidia and AMD leading the outperformance list.

智通财经智通财经2026/10/08 10:56
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According to Zhitong Finance APP, following a record high achieved by the Nasdaq Composite Index and a new all-time high for Nvidia, the "AI chip superpower" that holds significant weight in both the Nasdaq and S&P 500 indexes, the U.S. stock market is about to kick off its Q3 earnings season. Global investors are becoming increasingly enthusiastic about the possibility that U.S. companies’ revenue and profits will exceed expectations, especially among tech giants closely associated with AI computing power, whose performance may surpass analysts' forecasts.

Zhitong Finance APP has learned that after the Nasdaq Composite Index reached a new all-time high and the "AI chip super giant" Nvidia, which holds a significant weight in both the Nasdaq and S&P 500 indices, also hit a record high, the US stock market's third-quarter earnings season is about to kick off in earnest. Global investors are once again showing increased enthusiasm for US companies surpassing expectations in revenue and profits, especially for the tech giants closely tied to AI computing power who might exceed analysts' consensus forecasts in both revenue and profit.
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