The 25Q2 earnings season is almost over. 90% of S&P 500 companies have reported results. 81% beat market forecasts on both profit and revenue. Overall results are much better than early-season expectations. Earnings rose 11.8% year-on-year vs early estimate of 4.9%. Communication services, information technology, and financials grew the fastest. Revenue rose 6.3% vs early estimate of 4.2%, led by information technology, healthcare, and communication services. The forward P/E for the S&P 500 is 22.1.

TSLA has faced a lot of negative news over the past two months, including a weak earnings report. However, the stock price has been moving sideways in a triangle pattern. This range is getting tighter, and a breakout could happen soon.

66% of S&P 500 companies have reported Q2 2025 earnings. Among them, 82% beat market expectations. Earnings grew by 10.3% year-over-year, and revenue rose by 6.0%. This is much better than last week. The S&P 500 forward P/E ratio is now 22.2.

Two votes against (calling for a 25bps rate cut), one member absent, and nine votes in favor of keeping rates unchanged.

So far, 34% of S&P 500 companies have reported Q2 2025 earnings. Of those, 80% beat market expectations. Earnings rose 6.4% year over year, and revenue grew 5.0%, the slowest pace since Q1 2024. The forward P/E ratio of the S&P 500 is 22.4.

Important level to watch - 24355 (4 hour chart)