MRKT Matrix Solid Earnings Lift S&P 500 To New Highs
Jul 25, 2025
Strong earnings send the S&P 500 soaring to new heights, with optimism about trade deals brewing in the background. Corporate America feels the impact of tariffs, but AI innovation is stealing the spotlight. OpenAI's GPT-5 is set to launch soon, while tech firms showcase breakthroughs at the World AI Conference in Shanghai. Tesla faces hurdles with its secretive robot program, and a rare outage hits Elon Musk's Starlink network, raising questions about reliability in the tech space.
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Earnings Drive Market Highs
- The S&P 500 and Nasdaq have hit record highs as earnings reports beat expectations.
- Over 82% of reporting S&P companies have exceeded earnings expectations, driving gains.
Mixed Earnings Growth Despite Surprises
- Earnings beats are numerous but smaller in size compared to usual quarters.
- The earnings growth rate is the lowest since Q1 2024 despite revenue growth.
Tariffs Burden Corporate America
- U.S. tariff revenue surged to historic highs, hitting $55 billion this year.
- Most tariff costs are absorbed by corporate America, not consumers or foreign countries.