$SPX is expected to report Y/Y revenue growth of 12.1% for Q2 2026, which is above the estimate of 9.4% on March 31. #earnings, #earningsinsight, https://t.co/J6n98aNDvF
$SPX is expected to report Y/Y earnings growth of 22.0% for Q2 2026, which is above the estimate of 18.7% on March 31. #earnings, #earningsinsight, https://t.co/J6n98aNDvF
The market is being driven by just 2 sectors:
The S&P 500 has added over +$5 trillion in market cap so far in 2026.
Meanwhile, AI stocks have added +$6 trillion in value, followed by +$200 billion added by the energy sector.
At the same time, other sectors have erased -$1 trillion of their market cap.
To put this differently, the majority of market gains have come from just 84 firms, with the rest from 22 energy stocks.
AI-related stocks now reflect ~47% of the S&P 500’s market cap, near an all-time high and up from 27% in early-2023.
AI is all that matters.
SUMMARY OF FED DECISION (6/17/2026):
1. Fed leaves rates unchanged for the 4th straight meeting
2. 9 out of 18 officials expect at least one rate hike this year
3. Fed lowers its median 2026 US GDP projection from 2.4% to 2.2%
4. Fed now sees PCE inflation not returning to its 2% target until 2028
5. Fed says inflation "remains elevated" relative to their goal
6. Today's Fed decision was reached in a unanimous 12-0 vote
The Fed appears to be bracing for more inflation.
In a world that increasingly yearns for clean eating, as plant-based diets and wellness become the focus for many, the notorious instant noodle market is still projected to grow tremendously. Scientists have an easy explanation for their popularity: addiction. The manufacturers, however, offer another explanation. https://t.co/L7L7iZCgEU