
First-Quarter Earnings Grew 28.6 Percent, the Best Since Late 2021
With 97 percent of the S&P 500 reported, the season delivered roughly double the growth markets entered it expecting.
Quarterly results read closely: segment margins, working capital, guidance changes, and the questions management declined to answer on the call.

With 97 percent of the S&P 500 reported, the season delivered roughly double the growth markets entered it expecting.

Stocks trade on the future being revised, not the past being reported — the mechanics of why a beat can sell off and a miss can rally.

Companies increasingly report two bottom lines, and the gap between them has averaged tens of percent — a guide to reading both honestly.

The chip designer closed fiscal 2026 with $215.9 billion in annual revenue, beating expectations on the segment that matters most.

The most important document in public investing is free, standardized, and mostly skimmed — a working guide to where the truth hides in a 10-K.