Market Beat

Market Beat | Episode #23


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In episode 23 of Market Beat by Argus Research, host Caroline Wygal kicks off a big week for earnings season with some World Cup celebration mixed in. Spain takes home the World Cup title, with estimates putting the tournament's economic boost at $40 billion in global GDP and $20 billion for the U.S. alone. On earnings, with only 10% of S&P 500 companies reported, results are already up 26% from last quarter, with Argus forecasting 24% full-year EPS growth for 2026. In Active Stocks, AMC Entertainment surges 12% on a strong quarter ahead of The Odyssey's opening weekend, Domino's Pizza pops 3% on an earnings beat, and chipmakers including Micron and AMD bounce back 4% each after last week's drubbing. Analyst Christine Dooley delivers Quick Takes with a positive read on U.S. Bancorp's raised revenue guidance, a defense of the Netflix Buy rating despite a post-earnings stock drop, and an encouraging outlook on M&T Bank with 4% loan growth and 14% projected earnings growth. The Deeper Dive ranks the top 10 and bottom 5 performers from the Argus universe in Q2, led by Micron at an extraordinary 166% gain, with nine of the top ten being Technology stocks, against a backdrop of oil spikes, AI valuation fears, and Fed leadership uncertainty. For full research and information about Argus subscriptions, visit argusresearch.com.

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Market BeatBy Argus Research