Big Tech Has Powered Q1 Earnings to Strong Growth
From Yahoo Finance: 2025-05-12 11:55:00
First-quarter earnings for S&P 500 companies show year-over-year growth of over 13%, marking a second consecutive quarter of double-digit growth, according to FactSet. Mega-cap tech stocks have seen a 28% increase in earnings compared to 9% for the rest of the S&P 500. Nvidia’s earnings are still pending. Trade tensions between the U.S. and China are showing signs of easing, with reciprocal tariffs being pulled back. Investors are also awaiting April’s CPI report. Walmart, Applied Materials, and Take-Two Interactive are among the companies set to report earnings this week. This comes as trade-related optimism lifts stocks.
Read more at Yahoo Finance: Big Tech Has Powered Q1 Earnings to Strong Growth