Second Quarter Earnings Season Update Banks Beat

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News Source : Forbes

News Summary

  • The second-quarter earnings season kicks into gear this week.
  • 110 S&P 500 companies are scheduled to report, with more banks but also expanding to other industries.
  • The Magnificent 7, consisting of Microsoft (MSFT), Meta Platforms (META), Amazon.com (AMZN), Apple (AAPL), NVIDIA (NVDA), Alphabet (GOOGL), and Tesla (TSLA), outperformed last week.
  • The US dollar weakened relative to the same quarter in the previous year.
Banks provided a strong start to the second quarter earnings season. During this busy earnings week, ... More the crucial technology companies begin to report, including Googles parent, Alphabet. (P [+5502 chars]

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