Q2 Earnings Season Kicks Off with AI and Energy Driving Expectations

실적/어닝스 | Mon Jul 13 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 4 sources

Analyst optimism spreads despite the Iran situation, with AI investment and results from major banks and TSMC emerging as key variables.

Analysis

[FactSet] reported an unusual upward revision to Q2 earnings forecasts ^[1]

Contrary to the usual practice of downward revisions just before earnings season
Energy and tech sectors led the upward revisions
Analyst and corporate optimism expanded despite concerns over the Iran war

[US Stock Market] saw AI investment emerge as the key rally driver instead of oil prices ^[2]

Focus shifted to earnings season even as oil prices resurfaced due to Iran tensions
Sustainability of AI-related investment is the biggest concern
Identified as the variable that will determine market direction during the summer

[Weekly Market Watch Points] highlighted signals from major banks, Warsh, and TSMC ^[3]

Major bank-related issues in the spotlight
Key companies including TSMC
ASML
and GE in focus
Warsh also identified as a market watch point
Impact on S&P 500 and Nasdaq direction

[Global Stock Markets] closed the week lower on tech sector weakness and geopolitical risks ^[4]

Most major indices declined on a weekly basis
US airstrikes on Iran and retaliatory drone attacks occurred
Supply risks in the Strait of Hormuz persist
Major corporate news from Vodafone
easyJet
and others in focus

Sources