Wall Street Anticipates Earnings Boost From Tech Giants Like Google and Tesla
WHO:
Yahoo Finance - Big Tech companies Alphabet and Tesla are set to report earnings this week, along with US chipmaker Intel.
CNBC - President Trump declared the ceasefire "over."
Yahoo Finance - Companies reporting earnings include Alphabet, Tesla, IBM, General Motors, GE Vernova, AT&T, Lockheed Martin, and American Express.
WHAT:
CNBC - The VanEck Semiconductor ETF (SMH) gained more than 3%, while Marvell Technology and Micron Technology each climbed 6% before the bell.
CNBC - West Texas Intermediate crude futures were up 0.8% at $83.90 a barrel, while international benchmark Brent was 0.6% higher at $89.77.
Yahoo Finance - Analysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 24.7%, marking the seventh straight quarter of double-digit growth.
CNBC - More than 15 S&P 500 companies are set to report earnings on the day, including General Motors and 3M.
CNBC - Stock futures tied to the Dow Jones Industrial Average rose 166 points, or 0.3%.
CNBC - S&P 500 futures advanced 0.6% and Nasdaq 100 futures advanced 1.4%.
CNBC - 86% of the roughly 50 S&P 500 companies that have reported earnings topped bottom-line estimates.
Yahoo Finance - Analysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 24.7%.
Yahoo Finance - This growth rate is above the five-year average of 16.4% and the ten-year average of 10.3%.
Yahoo Finance - If the estimate holds, it will mark the second consecutive quarter of earnings growth above 20% for the S&P 500.
WHERE:
CNBC - New York Stock Exchange (NYSE) during Pershing Square Capital Management LP's initial public offering (IPO).
CNBC - U.S. military assets across the Middle East.
WHEN:
CNBC - The reporting period for earnings is currently ongoing.
Yahoo Finance - The earnings reports from Alphabet, Tesla, and others are scheduled for this week.
WHY:
CNBC - Traders are focusing on corporate earnings updates amid developments in the Iran war.
CNBC - Investors are focusing on corporate earnings updates amid developments in the Iran war.
Yahoo Finance - Investors are concerned about huge capital expenditure commitments for artificial intelligence build-out.
HOW:
CNBC - Central Command has carried out its 10th consecutive night of strikes on Iran since President Trump declared the ceasefire "over."
CNBC - Reports suggest mediators are proposing a 10-day ceasefire between the U.S. and Iran.
CNBC - Central Command has carried out its 10th consecutive night of strikes on Iran.
CNBC - Oil prices fluctuated as Wall Street monitored a renewed diplomatic push towards mediation efforts between the U.S. and Iran.
(UPDATED July 21, 2026 13:27 UTC)
The VanEck Semiconductor ETF saw a significant increase of more than 3%, with Marvell Technology and Micron Technology both rising by 6% before the market opened. Meanwhile, West Texas Intermediate crude futures climbed 0.8% to $83.90 a barrel, while international benchmark Brent rose 0.6% to $89.77, as traders are closely monitoring corporate earnings updates amid ongoing developments in the Iran war. Central Command has conducted its tenth consecutive night of strikes on Iran since Trump declared the ceasefire "over."
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(UPDATED July 21, 2026 11:34 UTC)
Big Tech companies Alphabet and Tesla, along with U.S. chipmaker Intel, are preparing to report their earnings this week. Analysts are projecting a year-over-year S&P 500 earnings growth rate of 24.7% for the second quarter, which would mark the seventh consecutive quarter of double-digit growth, with over 15 S&P 500 companies, including General Motors and 3M, also set to share their results. In related news, reports indicate that mediators are proposing a 10-day ceasefire between the U.S. and Iran.
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(UPDATED July 21, 2026 10:46 UTC)
President Trump has declared the ceasefire "over," as U.S. military assets continue to engage in strikes on Iran, marking the tenth consecutive night of operations. Meanwhile, stock futures are on the rise, with the Dow Jones Industrial Average up 166 points, or 0.3%, and 86% of S&P 500 companies that have reported earnings so far have exceeded expectations, leading to an estimated year-over-year earnings growth rate of 24.7% for the second quarter. As major companies like Alphabet and Tesla prepare to release their earnings this week, investors are closely watching these developments amid concerns over significant capital expenditures for artificial intelligence.