Earnings Scoreboard: All 18 S&P 500 firms top EPS estimates as Y/Y growth holds

Earnings season for the technology and consumer discretionary sectors showed strong momentum last week, with 18 notable S&P 500 companies reporting financial results. All 18 reporting companies exceeded Wall Street's consensus EPS estimates while delivering year-over-year earnings growth. On the top line, 17 of the 18 companies posted year-over-year revenue gains and beat revenue expectations, with Hormel Foods being the sole outlier reporting a revenue decline. Key highlights included standout performances across artificial intelligence and cloud software names. CrowdStrike surged on accelerating ARR and lifted its long-term outlook, while Nvidia topped estimates driven by massive data-center demand. In retail and hardware, Best Buy raised its full-year guidance on robust demand for computing and emerging tech, whereas HP boosted its adjusted EPS outlook despite margin pressures. Conversely, Intuit faced post-earnings pressure following softer forward guidance. Looking ahead, market focus turns to upcoming earnings reports from heavyweight firms including Broadcom, Palo Alto Networks, NetApp, Medtronic, and Lululemon, which will provide further clarity on enterprise software spending, consumer health, and AI infrastructure demand.