US Q2 2024 Earnings Season - Five key takeaways

As of 14th of August, over 92% of companies in the S&P 500 Index have reported earnings for the second quarter of 2024. What have we observed so far, and what trends do we see emerging?Cheng Hin Saw, Head of Equities Specialists Asia at Bank Julius Baer, presents five key takeaways from this earnings season.00:44 Earnings more resilient than revenues02:29 A broadening of growth03:27 Technology continues to dominate, but the narrative is shifting05:19 Weakness in Consumer sector06:36 Forward earnings guidance remains constructive