{"id":548078,"date":"2022-07-25T04:00:22","date_gmt":"2022-07-25T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/"},"modified":"2022-07-25T04:00:22","modified_gmt":"2022-07-25T04:00:22","slug":"us-equities-are-continuing-to-rally-despite-a-poor-earnings-season","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/","title":{"rendered":"US equities are continuing to rally despite a poor earnings season"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>US shares are rallying this month despite weak 2Q earnings reports and <\/strong><strong>gloomy <\/strong><strong>economic outlooks<\/strong>, the <a href=\"https:\/\/www.wsj.com\/articles\/weak-earnings-reports-arent-fazing-investors-after-brutal-year-for-stocks-11658615669?mod=hp_lead_pos1\">Wall Street Journal<\/a> notes<strong>. <\/strong>The S&P 500 climbed nearly 5% so far in July, after falling 17.4% YTD in 2022. Notably, the S&P\u2019s performance comes after 26% of constituents have have reported earnings having missed analyst expectations, the WSJ reports citing figures from <a href=\"https:\/\/www.factset.com\/\">FactSet<\/a>. Meanwhile, the Nasdaq, which is down 25.3% YTD, has seen its shares rally 7.4% so far this month despite an overall fall of 24% in earnings among those that have reported. Big issuers including Bank of America, Netflix and Tesla posted earnings misses, but saw their share prices rally in the day or two after they announced.<\/p>\n<p><strong>The latest of these was Twitter<\/strong>, which <a href=\"https:\/\/ent.news\/2022\/7\/Final-Q222-Earnings-Release.pdf\">reported (pdf)<\/a> on Friday that revenues slid 1% y-o-y to USD 1.18 bn, coming in 11% below analysts\u2019 estimates in what was its biggest revenue miss ever. That said, its share price was up 0.81% when markets closed on Friday. In addition to the same economic headwinds that plagued other tech companies, Twitter also blamed Elon Musk\u2019s buyer\u2019s remorse for the decline.<\/p>\n<p><strong>What gives?<\/strong> For one, earnings season isn\u2019t over yet, with reports from traditional top performers such as Apple, Amazon, and ExxonMobil still to come. Apple and Amazon will both report toward the end of this week. Analysts speaking to the WSJ suggest that the pervading sentiment of pessimism could have been exaggerated, with the earning shortfalls not falling to the \u201ctrain wreck\u201d levels that investors were predicting.<\/p>\n<p><strong>Could this rally be sustained? That depends on the Fed this week:<\/strong> The Federal Reserve <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1ad8195d-4b65-4872-ac53-b38a9dd000aa\">is<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1ad8195d-4b65-4872-ac53-b38a9dd000aa\">expected<\/a> to go ahead with another 75 bps rate hike when it meets later this week, which analysts feel is necessary to get a grip on inflation, a major driver of lower-than-expected earnings.<\/p>\n<p><strong>The July rally is even extending to crypto stocks: <\/strong>Shares in crypto companies, which were among the worst-hit assets of the year, appear to have also made a recovery this month, with the NYSE FactSet Global Blockchain Technologies Index now on track for its largest monthly gain since February 2021, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-22\/crypto-stocks-get-a-boost-by-retail-traders-who-drove-meme-craze?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a> reports. The index is up 16.5% over the past 30-days \u2014 but down 59.1% YTD. Leading coin exchange company Coinbase, saw its shares rise 12.3% in the past month after earlier falling 17.8% from the start of the year.<\/p>\n<hr class=\"grey-line\">\n<p><strong>CLOSER TO HOME- The Gulf\u2019s market for <\/strong><strong>corporate<\/strong><strong> bonds is going through a rough patch:<\/strong> Market volatility and rising interest rates have caused the corporate bond market in the GCC to grind to a halt so far in 2022 as issuers face a choice between steep issuance premiums now or higher rates later, <a href=\"https:\/\/www.reuters.com\/markets\/us\/gulf-bond-hopefuls-wait-wings-after-first-half-plunge-volumes-2022-07-21\/\">Reuters<\/a> says. Bond sales plunged 80% y-o-y in the first six months of the year as companies delayed issuances due to market turbulence. The GCC typically accounts for about 40% of bond issuances in emerging markets in any given year.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>9,762<\/p>\n<\/td>\n<td>\n<p>-0.2% (YTD: -22.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 18.89<\/p>\n<\/td>\n<td>\n<p>Sell 18.97<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 18.91<\/p>\n<\/td>\n<td>\n<p>Sell 18.97<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>11.25% deposit<\/p>\n<\/td>\n<td>\n<p>12.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>11,975<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +6.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>9,662<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: +13.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>3,257<\/p>\n<\/td>\n<td>\n<p>0.0% (YTD: +1.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,962<\/p>\n<\/td>\n<td>\n<p>-0.9% (YTD: -16.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>7,276<\/p>\n<\/td>\n<td>\n<p>+0.1% (YTD: -1.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td>\n<p>3,596<\/p>\n<\/td>\n<td>\n<p>0.0% (YTD: -16.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 103.20<\/p>\n<\/td>\n<td>\n<p>-0.6%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 8.30<\/p>\n<\/td>\n<td>\n<p>+4.6%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,745.30<\/p>\n<\/td>\n<td>\n<p>+0.8%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 22,797<\/p>\n<\/td>\n<td>\n<p>+2.5% (YTD: -50.7%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>THE CLOSING BELL-<\/strong><\/p>\n<p><strong>The EGX30 fell 0.2% at yesterday\u2019s close<\/strong> on anemic turnover of EGP 566 mn (31.6% below the 90-day average). Foreign investors were net sellers. The index is down 22.4% YTD.<\/p>\n<p><strong>In the green: <\/strong>Ibn Sina Pharma (+6.9%), Credit Agricole Egypt (+6.1%) and MM Group (+4.0%).<\/p>\n<p><strong>In the red: <\/strong>CIB (-1.9%), Housing & Development Bank (-1.5%) and Orascom Development Egypt (-1.3%).<\/p>\n<p><strong>Asian markets are in the red in early trading this morning<\/strong> as concerns about the likelihood of a global recession deepen risk-off sentiment. Shares in Europe and the US are likely to follow them later today, according to the future markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US shares are rallying this month despite weak 2Q earnings reports and gloomy economic outlooks, the Wall Street Journal notes. The S&#038;P 500 climbed nearly 5% so far in July, after falling 17.4% YTD in 2022. Notably, the S&#038;P\u2019s performance comes after 26% of constituents have have reported earnings having missed analyst expectations, the WSJ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[344,302,637,72,119,122,1010],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548078","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-cryptocurrency","tag-earnings","tag-elon-musk","tag-enterpriseam","tag-financial-markets","tag-planet-finance","tag-twitter","wpautop","entry"],"acf":{"mongo_id":"fc0361f9-fc4b-4bea-bb0d-0c8f61350c54","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[548057],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US equities are continuing to rally despite a poor earnings season - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US equities are continuing to rally despite a poor earnings season\" \/>\n<meta property=\"og:description\" content=\"US shares are rallying this month despite weak 2Q earnings reports and gloomy economic outlooks, the Wall Street Journal notes. The S&amp;P 500 climbed nearly 5% so far in July, after falling 17.4% YTD in 2022. Notably, the S&amp;P\u2019s performance comes after 26% of constituents have have reported earnings having missed analyst expectations, the WSJ [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-25T04:00:22+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"US equities are continuing to rally despite a poor earnings season\",\"datePublished\":\"2022-07-25T04:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/\"},\"wordCount\":629,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"cryptocurrency\",\"earnings\",\"Elon Musk\",\"EnterpriseAM\",\"Financial Markets\",\"Planet Finance\",\"Twitter\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/\",\"name\":\"US equities are continuing to rally despite a poor earnings season - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-07-25T04:00:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US equities are continuing to rally despite a poor earnings season\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"US equities are continuing to rally despite a poor earnings season - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/","og_locale":"en_US","og_type":"article","og_title":"US equities are continuing to rally despite a poor earnings season","og_description":"US shares are rallying this month despite weak 2Q earnings reports and gloomy economic outlooks, the Wall Street Journal notes. The S&P 500 climbed nearly 5% so far in July, after falling 17.4% YTD in 2022. Notably, the S&P\u2019s performance comes after 26% of constituents have have reported earnings having missed analyst expectations, the WSJ [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-07-25T04:00:22+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"US equities are continuing to rally despite a poor earnings season","datePublished":"2022-07-25T04:00:22+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/"},"wordCount":629,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["cryptocurrency","earnings","Elon Musk","EnterpriseAM","Financial Markets","Planet Finance","Twitter"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/","name":"US equities are continuing to rally despite a poor earnings season - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-07-25T04:00:22+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/us-equities-are-continuing-to-rally-despite-a-poor-earnings-season\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"US equities are continuing to rally despite a poor earnings season"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":615913,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/26\/buffett-says-berkshire-hathaway-has-no-possible-eye-popping-gains-left\/","url_meta":{"origin":548078,"position":0},"title":"Buffett says Berkshire Hathaway has no possible \u201ceye-popping\u201d gains left","author":"enterpriseam admin","date":"26 February 2024","format":false,"excerpt":"Buffett believes that only a handful of firms remain that are capable of \u201ctruly moving the needle at Berkshire\u201d","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2459.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":669844,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/european-earnings-falter-in-2q-as-us-counterparts-power-ahead\/","url_meta":{"origin":548078,"position":1},"title":"European earnings falter in 2Q as US counterparts power ahead","author":"enterpriseam admin","date":"10 August 2025","format":false,"excerpt":"More than 80% of Stoxx 600 companies flagged currency fluctuations as a drag on their earnings.","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/839.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615473,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/19\/investors-worry-that-red-sea-disruptions-and-consumer-boycotts-could-put-an-end-to-us-stock-rally\/","url_meta":{"origin":548078,"position":2},"title":"Investors worry that Red Sea disruptions and consumer boycotts could put an end to US stock rally","author":"enterpriseam admin","date":"19 February 2024","format":false,"excerpt":"Earnings forecasts for S&P 500 companies over the next 12 months are at a record high","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1748.JPG?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":670870,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/27\/nvidias-earnings-out-later-today-could-make-or-break-the-ai-trade\/","url_meta":{"origin":548078,"position":3},"title":"Nvidia\u2019s earnings out later today could make or break the AI trade","author":"enterpriseam admin","date":"27 August 2025","format":false,"excerpt":"The AI giant ranks as the world\u2019s most valuable company by market capitalization","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1623.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":618827,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/21\/netflix-reports-solid-1q-2024-earnings-but-growth-concerns-see-shares-fall\/","url_meta":{"origin":548078,"position":4},"title":"Netflix reports solid 1Q 2024 earnings, but growth concerns see shares fall","author":"enterpriseam admin","date":"21 April 2024","format":false,"excerpt":"The streaming platform said it would stop reporting subscription figures every quarter","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1374.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":640658,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/29\/nvidia-shares-slide-despite-highly-anticipated-2q-earnings-beating-forecasts\/","url_meta":{"origin":548078,"position":5},"title":"Nvidia shares slide despite highly anticipated 2Q earnings beating forecasts","author":"enterpriseam admin","date":"29 August 2024","format":false,"excerpt":"Nvidia shares had fallen about 8% in extended trading at the time of writing, representing a roughly USD 200 bn drop in market value","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2571.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/548078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=548078"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/548078\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/548057"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=548078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=548078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=548078"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=548078"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=548078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}