"Tesla, Netflix, and Banks: What to Watch in the Earnings Season Ramp-Up"

Earnings season is in full swing this week, with Bank of America and Goldman Sachs providing insight into the financial system's handling of recent bank failures. Tech giants Tesla and Netflix will report second-quarter results, while economic data on retail sales, homebuilder sentiment, and housing starts will be released. Last week, positive economic data and strong earnings from JPMorgan, Wells Fargo, and Delta Air Lines boosted stocks. Investors will also be watching for Wall Street dealmaking and the impact of inflation on company margins. Overall, S&P 500 companies are expected to see a 7% decline in earnings this quarter.