Strong Earnings Season with 88% Beat Rate
Key Questions
What is the earnings beat rate for early S&P 500 reporters?
Early reporters show an 88% beat rate alongside 24.7% year-over-year earnings growth that appears broad-based.
Which sectors delivered strong results so far?
Investment banking and AI infrastructure led gains, with major banks including Goldman Sachs and JPMorgan crushing estimates.
Which key companies report earnings on July 22?
Tesla, Alphabet, Intel, and GE Vernova are among the notable names scheduled to report.
What insider activity was noted at Alphabet?
Google insiders sold $4.2 million in shares with no purchases, adding a note of caution ahead of the earnings report.
What does the earnings season confirm about market breadth?
Results highlight corporate health beyond mega-cap tech and support the thesis of a broadening market rally.
Early S&P 500 reporters show 88% beat rate and 24.7% earnings growth, broad-based growth in investment banking and AI infrastructure. Bank earnings (GS, JPM) crushed estimates. Upcoming reports on July 22: Tesla, Google, Intel, GE Vernova. Google's insider selling of $4.2M with no purchases adds caution. Alphabet earnings preview highlights resilient cloud growth but Gemini team departure risk. Dow Inc. preview shows 385% EPS growth but downward revision. Confirms corporate health outside mega-cap tech and supports broadening market thesis.