What is the current estimated annual aggregate S&P 500 profit growth for the second quarter, and how does it compare to earlier estimates?

According to LSEG data cited in the article, estimates for annual aggregate S&P 500 profit growth through the second quarter are now 'a whopping 39% — more than 10 points higher than estimates at the start of this month.'

Why did SK Hynix's stock plunge despite a record six-fold jump in quarterly profits?

SK Hynix's stock plunged nearly 10% because its 'record six-fold jump in quarterly profits missed forecasts,' illustrating how high the bar is for Big Tech to impress markets.

US Profit Growth Surges Ahead of Fed Decision and Oil Price Spike

Jul 29, 2026

S&P 500 profit growth estimates hit 39% despite SK Hynix miss, while crude prices exceed $87/barrel due to Middle East tensions ahead of the Federal Reserve rate announcement.

reuters

2026-07-29

US Profit Growth Surges Ahead of Fed Decision and Oil Price Spike

US Profit Growth Surges Ahead of Fed Decision and Oil Price Spike

FAQ