Mag 7 Earnings Super Week Opens Alongside Q2 Results from Major Companies

실적/어닝스 | Tue Jul 28 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 10 sources

Big Tech earnings from Amazon, Apple, Meta, and Microsoft coincide with Q2 results from AT&T, American Express, and AbbVie.

Analysis

[Mag 7 & Fed] converged Big Tech earnings super week with FOMC rate decision ^[1]^[2]^[8]^[9]^[10]

Amazon
Apple
Meta
and Microsoft to report earnings
Fed rate decision running concurrently
Largest week of earnings season following Alphabet and Tesla
Market attention focused on cash flow

[AT&T] delivered solid Q2 results with net subscriber additions ^[7]

Revenue of $31.6 billion
up more than 2% year-over-year
Diluted EPS of $0.66
up from $0.62 a year earlier
Advanced connectivity internet net additions of 646
000
Postpaid phone net additions of 432
000
Stock rebounded 18% in July
dividend yield at 4.6%

[American Express] raised guidance amid selloff following Q2 results ^[6]

Slight revenue consensus miss
down 4.3% on July 24
Down 11.8% year-to-date
Raised 2026 revenue growth guidance to 10%
FX-adjusted cardmember spending up 9%
a three-year high
Annual EPS guidance of $17.30–$17.90 signals record high

[AbbVie] scheduled Q2 earnings release for July 31 ^[5]

Expected EPS of $3.61
up 21.5% year-over-year
Rinvoq and Skyrizi growth offsetting Humira patent expiration
$10.9 billion Apogee Therapeutics acquisition in progress
Management pre-warned about one-time charges
Forward dividend yield of approximately 2.7%

[Johnson & Johnson] agreed to pay up to $5.5 billion to settle talc litigation ^[3]

Comprehensive resolution of remaining ovarian cancer claims
Shares up 1.4% in after-hours trading following announcement
Signals removal of long-term risk

[Champions Oncology] disclosed FY2026 Q4 results and FY2027 plans ^[4]

Annual revenue of $59.4 million
Achieved adjusted EBITDA profit of $1.6 million
First-ever four consecutive quarters of adjusted EBITDA profitability
Completed funding for Corellia subsidiary

Sources