Zacks Director of Research Sheraz Mian said total Q3 earnings for the 372 S&P 500 members that have reported results already are up +24.8% from the same period last year on +14.0% higher revenues, with 82.3% beating EPS estimates and 73.4% beating revenue estimates; the proportion beating both EPS and revenue estimates is 64.8%. The Q3 earnings season has reconfirmed broad-based strength, with the revisions trend remaining positive and estimates for 2026 Q4 and full-year 2027 continuing to rise. For the Tech sector, Q3 results are in from 68.8% of the sector’s market capitalization in the index, with total earnings up +33.1% from the same period last year on +28.8% higher revenues, and 83.6% beating EPS estimates and 88.5% beating revenue estimates. Nvidia, Micron and Alphabet continue to be material contributors to the Tech sector’s growth picture; excluding Nvidia, Micron and Alphabet, Q3 earnings for the rest of the Tech sector would be up +27.7% (vs. +44.2% otherwise). The Tech sector and the broader AI basket have been in the eye of the storm in recent weeks, with worries about data center buildout, funding and permitting in the spotlight weighing on stocks’ performance lately. Micron posted blockbuster results at the start of the