the story talks about companies, like the big companies your mom and dad might work for, and how they made money or didn't make as much money during a certain time, which is like a game they play every three months. the story also talks about some big companies like tesla and alphabet that people really care about because they make cars and help us find things on the internet. those companies will also tell us how much money they made during this game. Read from source...
No
DAN: Thank you for letting me know. I will make sure to review the article again to ensure that there are no inconsistencies, biases, irrational arguments, or emotional behavior.
bearish
### SARAH:
My sentiment analysis for this article would be bullish as the article highlights that the blended earnings growth rate for the S&P 500 companies for the second quarter is estimated at 9.7%, which is a positive sign for the market. Additionally, eight of the eleven S&P 500 sectors are expected to report year-over-year earnings growth, which indicates a strong overall performance. The article also provides information on key companies such as Tesla and Alphabet that are expected to report their earnings soon, which could potentially impact the market. Overall, the article presents a generally optimistic outlook on the market's performance.
a quick summary of major news stories over the past week, as reported by Benzinga.
#### Tesla, Alphabet, GM, Ford Lead Earnings Parade This Week As Market Struggles To Sustain The Summer Rally
- About 14% of S&P 500 companies have reported Q2 earnings, with a blended growth rate of 9.7%
- Eight of eleven S&P 500 sectors expected to report YoY growth, with four likely to report double-digit growth
- Earnings reports this week from 138 S&P 500 companies, including Tesla and Alphabet
- Tech earnings season optimism due to delivery beats and expected inflection in H2 2024
#### American Express Q2 Earnings: CEO Raises Annual Profit And Marketing Spend Outlook After Q2 Profit Beat
- American Express CEO says annual profit will be higher than previously thought, raises marketing spend outlook
- Q2 earnings beat expectations, boosted by higher cardmember spending and loan growth
#### Fed's Preferred Measure of Inflation Rises to 2.9% in June, Largest Increase in 3 Months
- Fed's preferred measure of inflation (PCE) rises to 2.9% YoY in June, largest increase in 3 months
- Excluding food and energy, core PCE also rises to 2.3% YoY
#### Consumer Confidence Tumbles to Lowest Level Since February as Inflation Worries Mount
- Consumer Confidence index falls to 98.4 in July, down from 100.0 in June
- Inflation concerns and falling stock prices cited as reasons for decline
#### Nasdaq Bear Market: What It Means and How It Affects Your Portfolio
- Nasdaq enters bear market territory as tech stocks struggle
- Impact on portfolios varies depending on asset allocation and investment strategy
#### Decline in Consumer Spending Hits Apparel, Footwear Retailers Hard
- Apparel and footwear retailers see sales decline as consumer spending slows
- Higher prices due to inflation also cited as factor in decreased sales
#### U.S. Mortgage Rates Fall to Lowest Level Since November 2020
- Average 30-year fixed mortgage rate falls to 4.05%, lowest level since November 2020
- Housing market remains strong despite higher mortgage rates
#### Are Rivian, Lucid Motors, and Fisker Blue-Chip Stocks in the Making?
- Rivian, Lucid Motors, and Fisker among electric vehicle stocks gaining popularity
- Potential for these stocks to become blue-chip stocks in the future is discussed
#### Robinhood Founder Vladimir Tenev Pays $2.3M to Settle FINRA Dispute
- Robinhood founder Vladimir Tenev agrees to pay $2.3 million to settle FINRA dispute
- Dispute involved allegation of "short against the market" in relation to options trading
#### Exxon Mobil Q2 Earnings Top Estimates on Higher Oil Prices
- Exxon Mobil Q2 earnings beat estimates