Key moment for tech giants! The "Seven Sisters" earnings season is approaching, how will it set the tone for the future of the U.S. stock market?

During a time when market fluctuations are shaking investor confidence, the financial reports of the "Big Seven Tech Giants" in the US (including Tesla, Inc., Microsoft Corporation, Amazon.com, Inc., etc.) are being closely scrutinized. Their performance may set the tone for the overall market, revealing how these giants are handling economic uncertainty, inflation pressure, and constantly changing consumer demands. Alphabet (GOOG.US) and Tesla, Inc. (TSLA.US) will kick off the second quarter earnings season for the "Big Seven Tech Giants", with earnings set to be released on July 23 (Wednesday). Following them will be Meta Platforms (META.US) and Microsoft Corporation (MSFT.US), both scheduled to release their earnings after market close on July 30 (Wednesday). Apple Inc. (AAPL.US) and Amazon.com, Inc. (AMZN.US) will be the last to report, with earnings set to be announced after market close on July 31 (Thursday). While some giants have seen significant increases in their performance driven by strong results and AI-driven growth, the entire "Big Seven" sector has been impacted by the tariffs imposed by US President Trump. Despite setbacks, investors continue to firmly focus on AI-related growth, seeing it as a long-term drive. Here are the market expectations for each of the "Big Seven Tech Giants": Tesla, Inc.: Tesla, Inc. is expected to have an earnings per share of $0.40 and revenue of $22.13 billion. Investors remain cautious as Tesla, Inc. faces a more challenging operating environment, with declining revenues, compressed profit margins, and reduced free cash flow. What concerns investors even more is the increasingly vague performance guidance from the company, as CEO Elon Musk's involvement in political activities has garnered attention, potentially impacting the execution of core business and even the brand image. Agar Capital has given Tesla, Inc. a "strong sell" rating, stating that the market is starting to doubt the combination of this electric car manufacturer's AI dreams, Cybertruck, and Robotaxi business, and is instead focusing on its actual operational status. Alphabet: Alphabet is expected to have an earnings per share of $2.20 and revenue of $93.98 billion. Trinity Asset Management portfolio manager Brian Gilmore points out that, from an investor perspective, despite facing continuous challenges brought by AI (especially in AI or reshaping traditional search patterns), Alphabet's rapid adaptability to change has placed it stably in the competitive arena alongside many software-focused tech giants. Investors will closely monitor Alphabet's ability to diversify its revenue sources while handling the impact of AI on its core search business. Microsoft Corporation: Analysts expect Microsoft Corporation to have an earnings per share of $3.38 and revenue of $73.8 billion for the fourth quarter. Microsoft Corporation's performance growth is expected to benefit from its rapid application of AI across its product line, continued strong performance in cloud services, and significant investments in data center infrastructure, all of which will drive double-digit profit growth. Looking ahead, investors will focus on the integration speed of AI with Azure cloud services, Office software, GitHub, and other core platforms, as well as the company's ability to translate AI-driven demand into recurring income. Other key points of interest include the trend of operating profit margins in the background of rising capital expenditures, Azure's competitive position relative to peers, and management's articulation of long-term profit strategies. Meta Platforms: Analysts expect Meta to have an earnings per share of $5.84 and revenue of $44.77 billion. Since hitting a low point in April, Meta's stock price has surged by nearly 50%. With the market increasingly believing that ad spending will remain resilient even in the face of a potential economic slowdown in the second half of 2025, Meta's stock price is expected to hit new highs. Looking ahead, AI remains the core engine of growth for the company, with the launch of the Llama 4 models, a series of targeted acquisitions in the AI field, and continuous expansion of the company's in-house AI team. Apple Inc.: Apple Inc. is expected to have an earnings per share of $1.43 and revenue of $88.89 billion for the third quarter. Envision research firm states that investor attention will be focused on the continued growth of subscription services and other service businesses over the next few years, these businesses are expected to achieve strong growth and further boost Apple Inc.'s already substantial profit margins. The firm notes that, although concerns about slowing iPhone growth are valid and remain a major argument for bears, the long-term investment logic is increasingly shifting towards service businesses. However, according to Daniel Schneberg's analysis, analysts' current expectations may still be overly optimistic. He believes that Apple Inc. not only seems to be lagging in the field of AI, but the highly uncertain environment brought by tariffs also poses a considerable challenge. Amazon.com, Inc.: The tech giant's stock performance this year has lagged behind the market, reflecting a significant difference between revenue growth and profit growth trajectories. While second quarter revenue is expected to increase by 9.4% year-on-year, earnings per share growth is projected to be only 3.6%, far below revenue growth, raising questions about its profit margin leverage and cost efficiency. KM Capital states that as investors await the upcoming earnings reports, focus will not only be on whether performance exceeds or falls short of expectations, but also on forward-looking guidance, especially in the context of new macroeconomic uncertainties such as new tariffs. Statements regarding cost control and operational resilience remain key factors influencing investor sentiment in the near term. NVIDIA Corporation: Analysts expect NVIDIA Corporation's profit to increase by nearly 47% this quarter, with revenue growth of 52%. NVIDIA Corporation is currently able to sell older AI graphics processing chips to China, reversing a previous sales ban and opening up a $50 billion market opportunity annually. As a result, revenue guidance for NVIDIA Corporation in the third and fourth quarters may see significant upward adjustments, with quarterly sales potentially far exceeding current widespread expectations due to the resumption of sales in China. Stone Fox Capital, which holds an optimistic view of NVIDIA Corporation, states that the company's stock price has doubled since hitting a low point in April. Pythia research firm believes that NVIDIA Corporation, with its high valuation, must not make mistakes. However, its leading AI technology stack in the industry, over 60% free cash flow profit margin, and clear product roadmap make it likely to continue outperforming the market. For visionary investors, NVIDIA Corporation has not yet reached its peak - it is just getting started.