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Zacks Earnings Preview Highlights Powerlaw, Micron Technology, and Nvidia
Zacks Investment Research has released its latest Earnings Preview, naming Powerlaw Corp., Micron Technology, and Nvidia among the companies likely to issue earnings surprises. The report notes that total S&P 500 earnings for the second quarter of 2026 are expected to rise 25.3% year-over-year on 11.9% higher revenues, with the technology sector alone projected to grow earnings by 48.8%. Micron Technology has already reported quarterly results showing earnings up 1,350.1% on 345.7% higher revenues, while Nvidia is also expected to make a material contribution to the sector's growth. Excluding Micron and Nvidia, the rest of the Zacks technology sector would see earnings growth of 25.3% instead of 48.8%. The broader earnings picture remains highly positive, with an above-average proportion of early-reporting companies beating estimates and management teams offering reassuring outlooks.