US companies' earnings have been revised upward after 15 weeks of downward revisions, as earnings season gains momentum and technical indicators support a positive outlook. This positive trend could further propel the market, a scenario that hasn't occurred since 2020. Investors are advised to consider buying assets that track major US indices.
US companies have seen their earnings revised upward after 15 consecutive weeks of downward revisions, signaling a positive turn in earnings season. This upward trend, which hasn't been seen since 2020, is fueled by strong earnings reports and supportive technical indicators. The momentum could further propel the market, a scenario that investors should consider when evaluating their portfolios.
Netflix, for instance, reported Q2 2025 earnings that beat Wall Street expectations. The company's revenue grew 16% year-over-year (YoY) to $11.08 billion, while operating income jumped to $3.78 billion [1]. Despite the positive earnings report, Netflix stock dipped 1% in postmarket trading. This suggests that the market is still cautious, but the company's financial metrics and user engagement provide a more comprehensive view of its performance.
Trump Media & Technology Group also made headlines by accumulating approximately $2 billion in bitcoin (BTC) and bitcoin-related securities as part of its treasury strategy [2]. This strategic move reflects a bold pivot into cryptocurrency, aligning its media ambitions with the decentralizing ethos of digital assets.
Meanwhile, the US House of Representatives passed three key pieces of cryptocurrency legislation, indicating growing bipartisan momentum for crypto regulation [3]. The Digital Asset Market Clarity (CLARITY) Act and the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act received significant bipartisan support, while the Anti-CBDC Surveillance State Act was more divisive.
Investors are advised to consider buying assets that track major US indices, as the positive earnings trend and supportive technical indicators could further boost the market. However, caution is advised, as the market remains cautious despite the positive earnings reports.
References:
[1] https://www.ainvest.com/news/netflix-q2-earnings-beat-expectations-stock-dips-1-2507/
[2] https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=trump-media-accumulates-2-billion-in-bitcoin-holdings
[3] https://coinpaper.com/10029/us-house-passes-3-major-crypto-bills-before-august-recess
Comments
No comments yet