S&P 500 EARNINGS SMASH EXPECTATIONS
Goldman Sachs says S&P 500 companies beat forecasts this earnings season, with Q2 EPS up 11% vs. 4% expected. About 60% beat estimates by wide margins, one of the strongest seasons on record. Firms offset tariffs by cutting costs, reshaping supply chains, and passing prices to consumers, while a weaker dollar boosted sales. Analysts warn smaller companies may face more risk from slowing sales growth.
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