The most surprising earnings season in the past 10 years! The U.S. earnings season is more than halfway through, and here are a few key stats to check out: 1. U.S. corporate Q1 earnings performance hit a 20-year high, with S&P 500 constituent earnings growing 27% year-over-year, more than double analysts' expectations. According to Bloomberg Industry Research, the extent to which S&P 500 constituent earnings exceeded analyst expectations is the largest since 2013, excluding the pandemic period. 2. Tech giants remain the main engine of this round of earnings growth. Bloomberg data shows that the "Big Seven"—NVIDIA, Microsoft, Google, Amazon, Meta, Apple, and Tesla—are expected to see Q1 profits surge 57% year-over-year. Meanwhile, the remaining 493 S&P 500 constituents are expected to see earnings rise about 17%. 3. All industry sectors are growing. A recent Deutsche Bank report pointed out that all 11 sectors of the S&P 500 recorded positive growth, marking the first time in four years. Even sectors like consumer discretionary, telecom, and healthcare, which were previously weighed down by tariff concerns and weak consumer sentiment, have returned to growth. This might be the core driver behind the market's recent strength, especially the third point, which indicates that the recovery is spreading—something that may exceed many people's expectations. Sponsored by @bitget_zh: "Bitget - Buy U.S. stocks: Instant entry, seamless trading" #EarningsSeason #StockMarket #Bitget