Earnings season paradox
Strong earnings beats (80% beat rate, Q2 growth +23%) but indexes falling due to tech weakness and rotation. Netflix weak guidance added to tech headwinds. Domino's beat on revenue, up 6.8% pre-market. Key earnings this week: Alphabet, Tesla, Intel, plus Steel Dynamics, Crown Holdings. Apple earnings July 30, OXY Aug 5. S&P 500 earnings boom without prior crash raises stakes. Status: developing.
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Updated Jul 20, 2026