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Earnings live updates: Marriott stock falls as Middle East drags, Trump brothers-backed American Bitcoin swings to loss
['Fri August At Pm Gmt', 'Min Read']
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Earnings continue to roll in, driving the stock market to new highs.
On Friday, Vistra Corp. (VST), Take-Two Interactive Software (TTWO), Oklo (OKLO), Under Armour (UA), and Wendy's (WEN) report to cap a busy week of reports.
Overall, it's shaping up to be a strong earnings season for the S&P 500 (^GSPC).
According to FactSet data, analysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 47.5% — surging past the five-year average of 16.4% and the 10-year average of 10.3%.
If that holds, it will mark the second consecutive quarter of earnings growth above 20% for the index and the seventh straight quarter of double-digit growth.