BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Earnings Season Winds Down with Mixed Results for Tech Stocks
Earnings Season Winds Down with Mixed Results for Tech Stocks
25
2
BTCCSquare news:
Second quarter earnings season nears its conclusion with over 92% of S&P 500 companies reporting. Aggregate earnings per share grew 11% year-over-year, surpassing the modest 5% growth forecast amid trade tensions and economic uncertainty.
Nvidia's stock declined following a data center revenue shortfall, while Snowflake shares rallied. CrowdStrike faced downward pressure as markets digested earnings from major retailers including Walmart and Target, which provided key insights into consumer spending trends.
The tech sector remains in focus with upcoming reports from Alibaba, MongoDB, and Dell. Semiconductor stocks continue to react to shifting demand patterns in AI and cloud infrastructure markets.
By:
