Wall Street’s favorite time of year has arrived.
Before the opening bell even rings, narratives are spun, headlines are split-tested, and beats/misses are hyped to get investors to trade and trade some more.
The first week of Earnings Season brought results from some of the largest companies in the world across banking, healthcare, semiconductors, and streaming.
The headlines focus on whether companies beat or missed consensus estimates.
We focus on what really matters.
The real profitability, i.e. Core Earnings, of each company and how it compares to the expectations for future profit growth already priced into the stocks.
In our first Earnings Watch Party of this earnings season, we covered:
- Are bank earnings strong enough to justify current valuations?
- Which investment bank is the next to go under?
- Where does the AI trade go next? Is there still room to run for ASML and TSM?
- Does Netflix look cheap after falling over 20% year-to-date?
Stocks discussed in this Earnings Watch Party include JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS), Wells Fargo (WFC), Citigroup (C), Morgan Stanley (MS), Johnson & Johnson (JNJ), ASML Holding (ASML), Taiwan Semiconductor (TSM), Netflix (NFLX), and more.
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This article was originally published on July 17, 2026.
Disclosure: David Trainer and Kyle Guske II receive no compensation to write about any specific stock, style, or theme.
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