news

PayPal Stock Pops Amid Turnaround, Coca-Cola Surges

Earnings Growth Spree Masks Underlying Tech Sector Worries The latest earnings season has seen blue chip companies deliver robust profits that have sent their stock prices soaring.

However, beneath the surface of these impressive numbers lies a more nuanced reality – one that raises questions about the sustainability of this growth and its implications for the tech sector.

A Growth Spurt Like No Other The S&P 500's earnings growth rate is expected to reach 23. 2% year over year in the second quarter, according to FactSet data.

Read the full story

Read on Dayd →