Q2 Earnings Season Sees Robust Results from Tech Giants and Energy Sector
The Q2 earnings season has been robust, with companies like Microsoft, Amazon, Micron, and Alphabet delivering encouraging results.
These 'Magnificent Seven' members have seen their stock prices rise following their reports, with a significant portion of the S&P 500's total earnings coming from this group.
The Q2 earnings growth rate is expected to be +43% compared to the same period last year on +15.2% higher revenues, driven by strong performance in sectors like Energy and Technology.