Tech Giants Lead the Charge in Strong Q2 Earnings Season
The Q2 earnings season has been validating a constructive view on corporate fundamentals, with companies delivering robust results and positive revisions.
Microsoft, Amazon, Micron, and Alphabet have all reported strong earnings, with Microsoft and Amazon becoming the latest 'Magnificent Seven' members to deliver market-beating results.
The group's Q2 earnings growth pace is up +85.5% from last year on +27.5% higher revenues, driven by robust top-line momentum in cloud segment performance.