We’re in the midst of a record-setting run for Earnings Season, and Brett Witkowski is here to break it all down on the Weekend Market Review!

Earnings season has continued into record-breaking territory. The S&P 500 is showing a strong upward trend. Just a reminder: markets don’t climb endlessly, and this pace will likely ease at some point.

Regardless, Q2 earnings have been especially positive, with 87% of S&P 500 companies having beaten their EPS estimates. There were a couple of weaker spots. Tesla’s Q2 profits fell 16%, possibly reflecting broader challenges in the auto sector. Another soft spot is in non-AI chipmakers like Intel.

So, what does this all mean? Overall, it’s been a strong season. Beats are coming in frequently and larger than average. Will more soft patches emerge? We’ll be here to break it down as it happens.