S&P 500 firms reported a combined 10.4% year-over-year profit increase based on data from 143 companies, highlighting stronger-than-expected earnings momentum this quarter. Nearly 87% of listed firms surpassed earnings forecasts, while 82% exceeded revenue estimates. Upcoming quarterly reports from Microsoft, Apple, Alphabet, Amazon, and Meta are expected to further shape the earnings narrative, with tech majors projected to deliver 16.6% growth compared to 8.1% for the broader market. Analysts said resilient corporate fundamentals and robust cash flows continue to underpin equity valuations into the final quarter of 2025.