The US Q3 earnings season is set to begin, with Wall Street expecting S&P 500 earnings growth of about 29%–31% year-over-year, roughly two-thirds driven by tech giants like Alphabet, Amazon, and Meta. Markets will focus on AI capex conversion, AI demand diffusion, and financing costs. Major banks report from October 13 (UTC+8), while tech giants and crypto-related firms including Coinbase, Strategy, Marathon, and Riot report from late October to mid-November.