{"id":289475,"date":"2026-07-14T14:28:00","date_gmt":"2026-07-14T18:28:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/07\/14\/sp-500-earnings-growth-remains-narrow-as-energy-and-technology-lead\/"},"modified":"2026-07-14T14:55:11","modified_gmt":"2026-07-14T18:55:11","slug":"sp-500-earnings-growth-remains-narrow-as-energy-and-technology-lead","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/07\/14\/sp-500-earnings-growth-remains-narrow-as-energy-and-technology-lead\/","title":{"rendered":"S&P 500 Earnings Growth Remains Narrow as Energy and Technology Lead"},"content":{"rendered":"

S&P 500 Earnings Growth Remains Narrow as Energy and Technology Lead<\/a><\/p>\n

https:\/\/ca.investing.com\/analysis\/sp-500-earnings-growth-remains-narrow-as-energy-and-technology-lead-200626209<\/a><\/p>\n

Publish Date: 2026-07-14 14:28:00<\/a><\/p>\n

Source Domain: ca.investing.com<\/a><\/p>\n

Earnings season is off to a very good start.<\/strong> The major banks such as Goldman Sachs<\/span><\/span> (GS<\/strong>), JPMorgan Chase (JPM<\/strong>), and Citigroup<\/span><\/span> (C<\/strong>) all beat. IBM<\/strong>, on the other hand, missed because they are losing market share to data centers.<\/p>\n

The analyst community is expecting the \u2019s second quarter earnings to rise 22%, but due to wave after wave of positive analyst earnings revisions, expectations are high for much stronger underlying earnings<\/strong>. Typically, positive analyst earnings revisions precede earnings surprises.<\/p>\n

Energy-related stocks are forecasted to post the strongest earnings, followed by information technology and semiconductors<\/strong>, then material stocks. Only these three of the 11 S&P 500 sectors are forecasted to post stronger second quarter earnings than the overall S&P 500, so we still remain in a relatively narrow stock market environment. A good omen is that WD-40 surged in the wake of a 43.1% earnings surprise, so good earnings announcements are clearly being rewarded<\/strong>.<\/p>\n

Another great omen is that Taiwan Semiconductor<\/span><\/span><\/span><\/span> Manufacturing<\/strong> () announced that its June sales soared 67.9% in June to a record $13.99 billion. TSM\u2019s June sales rose 6.2% compared to May and were 1.1% higher than analysts\u2019 consensus expectation. These strong sales for TSM bode well that the AI-related stocks, like semiconductors are now more likely to continue to post sales and earnings in excess of analyst estimates.<\/p>\n

Naturally, the AI-related stocks and data center stocks are also expected to post strong guidance, especially pertaining to their order backlogs<\/strong>.\u00a0TSM will announce its second quarter results on Thursday. The analyst community is expecting 35% annual sales growth and 48% earnings growth, but due to TSM\u2019s accelerating sales, I am expecting the company to post better-than-expected sales and earnings<\/strong>.<\/p>\n

There is no more talk about the Fed raising key interest rates in the wake of the report<\/strong>.\u00a0The June Consumer Price Index (CPI) came in better than economists expected and posted a 0.4%…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

S&P 500 Earnings Growth Remains Narrow as Energy and Technology Lead https:\/\/ca.investing.com\/analysis\/sp-500-earnings-growth-remains-narrow-as-energy-and-technology-lead-200626209 Publish Date: 2026-07-14…<\/p>\n","protected":false},"author":1,"featured_media":289476,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/i-invdn-com.investing.com\/redesign\/images\/seo\/investingcom_analysis_og.jpg","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[64],"class_list":["post-289475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-energy"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/289475"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=289475"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/289475\/revisions"}],"predecessor-version":[{"id":289477,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/289475\/revisions\/289477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/289476"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=289475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=289475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=289475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}