{"id":242354,"date":"2026-05-04T10:15:28","date_gmt":"2026-05-04T14:15:28","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=242354"},"modified":"2026-05-05T04:13:54","modified_gmt":"2026-05-05T08:13:54","slug":"sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/","title":{"rendered":"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting"},"content":{"rendered":"\n

Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit\u00a0print in five years.<\/a><\/p>\n\n\n\n

Yet, three stocks did almost all the lifting.<\/p>\n\n\n\n

With 63% of the index reported, blended first-quarter earnings growth for the S&P 500 is tracking at 27.1% year-over-year, more than double the 13.1% pace analysts modeled at quarter-end, according to the latest FactSet\u2019s Earnings Insights.<\/p>\n\n\n\n

If that holds, it would mark the highest quarterly growth rate since fourth quarter of 2021 and extend the streak of double-digit profit growth to six consecutive quarters.<\/p>\n\n\n\n

The catch is concentration. Alphabet Inc. <\/strong>(NASDAQ:<\/a>GOOGL<\/a>), Amazon.com, Inc. <\/strong>(NASDAQ:<\/a>AMZN<\/a>) and Meta Platforms, Inc.<\/strong> (NASDAQ:<\/a>META<\/a>) accounted for 71% of the net dollar-level increase in S&P 500 earnings in the past week alone.<\/p>\n\n\n\n

Three Reports That Rewrote The Quarter<\/h2>\n\n\n\n

The surprises were historic.<\/p>\n\n\n\n

Alphabet beat by 90% ($5.11 actual versus $2.68 expected). Amazon beat by 70% ($2.78 versus $1.63). Meta beat by 56% ($10.44 versus $6.67).<\/p>\n\n\n\n

Each figure dwarfs the company\u2019s own five-year average surprise rate of 12.4%, 29.3% and 4.3%, respectively.<\/p>\n\n\n\n

\u201cThe positive EPS surprises reported by all three companies for Q1 exceeded their 5-year averages,\u201d John Butters, senior earnings analyst at FactSet, said.<\/p>\n\n\n\n

Communication Services earnings, which house Alphabet and Meta, swung from a projected 3.8% decline on March 31 to 53.2% growth today. Consumer Discretionary, dominated by Amazon, jumped from 1.7% to 39%.<\/p>\n\n\n\n

\u201cThe blended earnings growth rate for the \u2018Magnificent 7\u2019 companies has increased to 61.0% today from
expectations for 22.4% earnings growth on March 31,\u201d Butters added.<\/p>\n\n\n\n

The One-Time Items Behind The Beats<\/h2>\n\n\n\n

Butters flagged that the headline numbers came with sizable non-operating boosts.<\/p>\n\n\n\n

Alphabet\u2019s quarter included a $37.7 billion gain on equity securities, primarily unrealized appreciation on private-company stakes.<\/p>\n\n\n\n

Amazon\u2019s profit was boosted by $16.8 billion in pre-tax gains from its Anthropic investment.<\/p>\n\n\n\n

Meta\u2019s number included an $8.03 billion income tax benefit. Meta itself disclosed that EPS would have been $3.13 lower without that benefit.<\/p>\n\n\n\n

Goldman Sachs strategists led by Ben Snider arrived at a similar conclusion.<\/p>\n\n\n\n

In a recent note, Snider highlighted that aggregate S&P 500 EPS growth is tracking at 25%, more than twice the consensus estimate of 12% coming into the season. But the strength is overstated by a handful of accounting items.<\/p>\n\n\n\n

\u201cWhile the aggregate S&P 500 EPS growth rate of 25% is distorted by idiosyncratic one-time benefits, earnings growth is tracking at a 16% pace excluding those items, and companies have reported the lowest frequency of EPS misses in 25 years outside of the COVID reopening period,\u201d Snider said.<\/p>\n\n\n\n

Snider\u2019s team estimated that median S&P 500 stock earnings growth is tracking at 11%, against an 8% pre-season estimate. Even adjusting for the one-time items, the first quarter is on pace for the strongest quarterly growth rate since 2021.<\/p>\n\n\n\n

Why The Reward For Beats Has Been Small<\/h2>\n\n\n\n

Despite the blowout, stocks beating consensus EPS have outperformed the index by just 20 basis points the day after reporting, one of the slimmest rewards on record per Goldman\u2019s data. Companies that disappointed saw an average two-day drawdown of 4.2%, wider than the 2.9% historical norm.<\/p>\n\n\n\n

Snider linked the muted reaction to the macro backdrop.<\/p>\n\n\n\n

\u201cThe reward for EPS beats has been unusually small, and many consumer firms have yet to report,\u201d Snider said.<\/p>\n\n\n\n

Forward estimates are still being lifted, not cut. The second-quarter 2026 bottom-up EPS rose 2.1% in April, the largest first-month-of-quarter increase since the second quarter of 2021, FactSet data show.<\/p>\n\n\n\n

Snider\u2019s team flagged confidence in management guidance, writing that despite elevated energy prices and geopolitical uncertainty, corporate guidance and analyst estimate revisions have remained strong so far this quarter.<\/p>\n\n\n\n

What Investors Are Watching Next<\/h2>\n\n\n\n

Nvidia Corp.<\/strong> (NASDAQ:<\/a>NVDA<\/a>), the index\u2019s largest stock, reports on May 20. Consumer retailers \u2014 the cohort most exposed to oil-driven margin compression \u2014 close out the season.<\/p>\n\n\n\n

Together, they will reveal whether Corporate America is actually firing on all cylinders, or whether the headline strength has been carried by accounting items at three or four names.<\/p>\n\n\n\n

Originally Posted May 4, 2026 – S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit print in five years.<\/p>\n

Yet, three stocks did almost all the lifting.<\/p>\n","protected":false},"author":1128,"featured_media":235692,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[6,8,9,22,26,3],"tags":[],"contributors-categories":[13584],"class_list":{"0":"post-242354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-stocks","11":"category-text-articles","12":"category-traders-insight","13":"contributors-categories-benzinga"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nS&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting<\/title>\n<meta name=\"description\" content=\"Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit print in five years.Yet, three stocks did almost...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/242354\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit print in five years.Yet, three stocks did almost all the lifting.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-04T14:15:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-05T08:13:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/12\/sp-500-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piero Cingari\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piero Cingari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Piero Cingari\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/2e1deb46bf9913df17d7a772edadc24b\"\n\t },\n\t \"headline\": \"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting\",\n\t \"datePublished\": \"2026-05-04T14:15:28+00:00\",\n\t \"dateModified\": \"2026-05-05T08:13:54+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/\"\n\t },\n\t \"wordCount\": 674,\n\t \"commentCount\": 0,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/12\\\/sp-500-featured-img.jpg\",\n\t \"articleSection\": [\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Stocks\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/\",\n\t \"name\": \"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/12\\\/sp-500-featured-img.jpg\",\n\t \"datePublished\": \"2026-05-04T14:15:28+00:00\",\n\t \"dateModified\": \"2026-05-05T08:13:54+00:00\",\n\t \"description\": \"Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit print in five years.Yet, three stocks did almost all the lifting.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/12\\\/sp-500-featured-img.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/12\\\/sp-500-featured-img.jpg\",\n\t \"width\": 1000,\n\t \"height\": 563\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/2e1deb46bf9913df17d7a772edadc24b\",\n\t \"name\": \"Piero Cingari\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/piero-cingari\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting","description":"Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit print in five years.Yet, three stocks did almost...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/242354\/","og_locale":"en_US","og_type":"article","og_title":"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting | IBKR Campus US","og_description":"Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit print in five years.Yet, three stocks did almost all the lifting.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/","og_site_name":"IBKR Campus US","article_published_time":"2026-05-04T14:15:28+00:00","article_modified_time":"2026-05-05T08:13:54+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/12\/sp-500-featured-img.jpg","type":"image\/jpeg"}],"author":"Piero Cingari","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Piero Cingari","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/"},"author":{"name":"Piero Cingari","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/2e1deb46bf9913df17d7a772edadc24b"},"headline":"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting","datePublished":"2026-05-04T14:15:28+00:00","dateModified":"2026-05-05T08:13:54+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/"},"wordCount":674,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/12\/sp-500-featured-img.jpg","articleSection":["North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/","name":"S&P 500 Delivers Biggest Earnings Beat Since 2021: 3 Magnificent 7 Stocks Did The Heavy Lifting | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/12\/sp-500-featured-img.jpg","datePublished":"2026-05-04T14:15:28+00:00","dateModified":"2026-05-05T08:13:54+00:00","description":"Wall Street braced for a first-quarter slowdown. Instead, the S&P 500 delivered its strongest profit print in five years.Yet, three stocks did almost all the lifting.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/sp-500-delivers-biggest-earnings-beat-since-2021-3-magnificent-7-stocks-did-the-heavy-lifting\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/12\/sp-500-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/12\/sp-500-featured-img.jpg","width":1000,"height":563},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/2e1deb46bf9913df17d7a772edadc24b","name":"Piero Cingari","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/piero-cingari\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/12\/sp-500-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/242354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/1128"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=242354"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/242354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/235692"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=242354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=242354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=242354"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=242354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}