US giants ride broad earnings strength as costs stay high
TL;DR
US S&P 500 companies are on track for 47.4% year-over-year earnings growth in Q2—the strongest in five years—driven by energy profits from high fuel prices, AI-related investments, and broad gains across sectors beyond tech, with about nine in ten beating forecasts and eight of 11 sectors posting double-digit earnings. The results bolster the stock market even as consumers face higher costs and affordability pressures.
Topics:businessmarkets#corporate-earnings-and-results#energy-sector#markets#sandp-500#us-companies#us-equities
- America’s biggest companies report ‘rock solid’ profits as consumers face higher costs Financial Times
- S&P 500 Earnings Season Update: July 31, 2026 insight.factset.com
- Earnings Scoreboard: 84% of S&P 500 reporting firms top EPS estimates as 72% post Y/Y profit growth Seeking Alpha
- This 1 Company Is By Far the Largest Contributor to Second-Quarter S&P 500 Earnings Growth Yahoo Finance
- View from the markets: The earnings season has been amazing. Why have stocks fallen? bnpparibas-am.com
Want the full story? Read the original reporting
Read on Financial Times