Key Takeaways The Q3 reporting cycle is over for the Mag 7 group.Mag 7 earnings were up 28.3% YoY on 18.2% higher revenues. Q4 Mag 7 expectations have been trending higher. Nvidia’s (NVDA) beat-and-raise quarterly results have eased the market’s AI-centric worries for now, but the issue is unlikely to go away completely.The chipmaker has been a big beneficiary of the ongoing AI-focused spending surge, as it is Nvidia’s graphics processing units that are running the datacenters. The stock has lost ground as ...