news flash·2025-07-25 14:20Core Viewpoint - The U.S. stock market continues its upward trend, driven by strong corporate earnings, with a significant proportion of companies exceeding expectations, potentially reaching the highest level since Q2 2021 [1] Group 1: Market Performance - U.S. stocks experienced a slight increase, maintaining a record-setting trend [1] - The strong performance of corporate earnings is a key driver of the market's rise [1] Group 2: Earnings Expectations - The proportion of companies exceeding earnings expectations is expected to reach its highest level since Q2 2021 [1] - Despite some divergence in earnings among companies, the majority are still surpassing expectations, supporting the upward momentum of the stock market [1] Group 3: Upcoming Earnings Reports - Market attention is shifting towards the upcoming earnings reports from major tech companies, with four out of the "Seven Giants" (Apple, Amazon, Microsoft, and Meta) set to release their results [1] - Key themes for the earnings season include AI spending, cloud computing demand, and digital advertising [1] - The concentrated weight of the "Seven Giants" in the market means their earnings data will be crucial for overall market trends [1]