The headline ties directly to GE Vernova’s earnings reaction (“stock falls despite surge in orders”), which is typically a near-term catalyst for valuation and guidance expectations.
LIVE Earnings live: GE Vernova stock falls despite surge in orders, AT&T stock pops Yahoo Finance Updated Wed, July 22, 2026 at 1:46 PM GMT+2 1 min read GOOG IBM T ^GSPC GEV Second quarter earnings continue to roll in, with updates from Alphabet ( GOOG , GOOGL ) and Tesla ( TSLA ) highlighting today's reports. The pair, along with US chipmaker Intel ( INTC ), will offer a crucial update on artificial intelligence demand as investors remain torn about huge capex commitments for the AI build-out. IBM ( IBM ), GE Vernova ( GEV ), Texas Instruments ( TXN ), and AT&T ( T ) also report Q2 results on Wednesday.
Overall, it's shaping up to be a strong earnings season for the S&P 500 ( ^GSPC ). According to FactSet data , analysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 24. 7% — above the five-year average of 16.
4% and the 10-year average of 10. 3%. If that holds, it will mark the second consecutive quarter of earnings growth above 20% for the index and the seventh straight quarter of double-digit growth.
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