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Wall Street expects NVIDIA and Meta to lead the "Magnificent Seven" in Q3 earnings, driven by strong demand for NVIDIA Blackwell and Meta Advantage+ ad automation.
Wall Street analysts expect NVIDIA and Meta Platforms to outperform the other "Magnificent Seven" companies in their third-quarter earnings, leveraging their respective strengths. NVIDIA benefits from strong demand for its Blackwell chips, while Meta converts capital expenditures into revenue through its Advantage+ ad automation business. Meta's Advantage+ ad business has an annualized run rate of $75 billion.
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