In just three months, U.S. stocks have rebounded from the sharp sell-off shock in April to record highs. Now, traders are waiting to see: Can the "report card" of American companies match the optimism that the stock market has priced in?In fact, market expectations are not high:Wall Street is bracing for its weakest earnings season since mid-2023.Bloomberg Intelligence data shows that analysts expect$S&P 500 (. SPX) $The profit of constituent stocks in the second quarter increased by 2.5% year-on-year; Of the 11 sectors, 6 are expected to experience profit decline; At the same time, the full-year growth forecast of the index has dropped from 9.4% in early April to 7.1%.Lower expectations make it easier for companies to achieve better-than-expecte
Netflix Raises FY Guidance: Is There Room Given 40% YTD?
Netflix's profit surges, but it was not enough for the stock, shares fell 1.8% after earnings The streamer raised its full-year revenue guidance, citing “healthy” member growth and ad sales.
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