US CPI data released Wednesday! Combined with major Hong Kong stock earnings reports, what should yo
Big Tech earnings are here! Google, Tesla, Intel, and Nokia take the stage—who will deliver the strongest results? Weekly earnings roundup (7/20–7/24)
This post deserves a like!Comment and share your insights!Hello, fellow investors!Recently, global market attention has been focused on two major events:Fed Chair Waller’s first congressional testimonyas well asTaiwan Semiconductor Q2 2026Major earnings have just been released.
Recently, global market attention has been focused on two major events:Fed Chair Waller’s first congressional testimonyas well asTaiwan Semiconductor Q2 2026Major earnings have just been released.First, let’s talk about Waller. This new Fed chair, only seven weeks into his tenure, has just completed his two-day congressional “debut.” Facing persistent Democratic questioning over his independence, Waller delivered a sharp retort: “Trump picked an independent person to do an independent job,” and clearly stated he has “zero tolerance” for inflation. He downplayed the significance of a single month’s CPI data, emphasizing that the Fed won’t declare its mission accomplished based on one report. Waller maintained his approach of offering no forward guidance, revealing almost nothing about his stance on the interest rate path—but his remarks subtly signaled that rates remain the key tool to curb inflation. He passed the first test with rhetorical skill and a hawkish tone, but what markets truly care about is how he’ll act when real decisions arise.Now, onto Taiwan Semiconductor. As the 'barometer' of the AI computing supply chain, Taiwan Semiconductor delivered a Q2 earnings report that beat expectations across the board—revenue, net profit, and gross margin all significantly exceeded market forecasts. The share of advanced-node revenue continued to rise, and 2nm chips have officially begun shipping, confirming that demand for AI chips remains robust. CEO C.C. Wei further warned that capacity shortages will persist for several years, and the company is maintaining its record-high level of capital expenditures for the full year. Taiwan Semiconductor’s results reaffirm the long-term certainty of the AI investment cycle, yet the sustainability of tech giants’ massive debt-financed expansion into AI infrastructure—and whether these huge investments can translate into meaningful returns—remains a Sword of Damocles hanging over valuations.
As the 'barometer' of the AI computing supply chain, Taiwan Semiconductor delivered a Q2 earnings report that beat expectations across the board—revenue, net profit, and gross margin all significantly exceeded market forecasts. The share of advanced-node revenue continued to rise, and 2nm chips have officially begun shipping, confirming that demand for AI chips remains robust. CEO C.C. Wei further warned that capacity shortages will persist for several years, and the company is maintaining its record-high level of capital expenditures for the full year. Taiwan Semiconductor’s results reaffirm the long-term certainty of the AI investment cycle, yet the sustainability of tech giants’ massive debt-financed expansion into AI infrastructure—and whether these huge investments can translate into meaningful returns—remains a Sword of Damocles hanging over valuations.Key Focus: Tech giants take turns reporting earnings; the AI monetization narrative enters a phase of real-world validation
Taiwan Semiconductor’s strong earnings provided a much-needed boost to the AI supply chain, but the real test lies ahead. Multiple tech giants are set to report earnings in quick succession, and what the market now wants to see is not just 'how hot AI is,' but how much real profit this fire is actually generating.
$Alphabet-A (GOOGL.US)$[After market close on July 23, Beijing time]—Standing at the crossroads of AI infrastructure investment and commercial monetization. The market is scrutinizing with extreme rigor the efficiency with which these investments translate into returns. On one hand, whether Google Cloud—powered by AI—can sustain its strong growth trajectory and materially boost overall profit margins serves as the first key benchmark for validating its ability to commercialize AI. On the other hand, as new AI-driven interaction models like AI Search reshape traditional traffic pools, the resilience of Google's core advertising moat will directly determine whether its valuation anchor can firmly hold its ground in an upward channel.
$Tesla (TSLA.US)$[After market close on July 23, Beijing time]—In the just-concluded quarter, Tesla delivered a record 480,000 vehicles globally, showing a strong rebound across several key European markets, significantly restoring global confidence in its delivery capability. However, what the market wants to know more is whether the shift toward a high-margin software-as-a-service model—specifically the FSD subscription—can trigger exponential-scale adoption, and how far along Tesla is in the commercialization of its Robotaxi initiative.
$Intel (INTC.US)$[After market close on July 24, Beijing time]—Currently enduring a critical and painful transition phase in its foundry business (IFS). Managing production cost pressures while ramping up advanced-node capacity continues to test the resilience of its supply chain. The market is closely watching how it responds to surging demand for CPUs and AI compute power—specifically, its latest order trends and process technology progress. Its ability to attract external foundry customers by improving yields on advanced nodes, while bearing massive capital expenditures, and to recapture lost data center market share will directly determine the medium- to long-term fate of this legacy chip giant.
![[Chuckle]This post deserves a like![Heart]Comment and share your insights! Hello, fellow investors![Yeah!]Recently, global market attention has been focused on two major events:Fed Chair Waller’s first congressional testimonyas well asTaiwan Semiconductor Q2 2026Major earnings have just been released. [Smart]First, let’s talk about Waller. This new Fed chair, only seven weeks into his tenure, has just completed his two-day congressional “debut.” Facing persistent Democratic questioning over his independence, Waller delivered a sharp retort: “Trump picked an independent person to do an independent job,” and clearly stated he has “zero tolerance” for inflation. He downplayed the significance of a single month’s CPI data, emphasizing that the Fed won’t declare its mission accomplished based on one report. Waller maintained his approach of offering no forward guidance, revealing almost nothing about his stance on the interest rate path—but his remarks subtly signaled that rates remain the key tool to curb inflation. He passed the first test with rhetorical skill and a hawkish tone, but what markets truly care about is how he’ll act when real decisions arise. Now, onto Taiwan Semiconductor.[OK] As the barometer of AI computing demand, Taiwan Semiconductor delivered a Q2 earnings report that beat expectations across the board—revenue, net profit, and gross margin all significantly exceeded market forecasts. The share of advanced-node production continues to rise, with 2nm chips now officially shipping, confirming robust and undiminished demand for AI chips. CEO C.C. Wei further warned that capacity shortages will persist for several years, and full-year capital expenditures will remain at a record high. Taiwan Semiconductor’s results once again validate the A...](https://nnqimage.futunn.com/sns_client_feed/999982/20260717/web-1784270210655-RIcdEvXjnD.jpeg/big?area=2&is_public=true&imageMogr2/ignore-error/1/format/webp)
Segment Leaders: A Comprehensive Check-up on Sector Fundamentals—from Software to Pharmaceuticals
While tech giants set the market’s dominant narrative, leaders in niche segments piece together the full picture of industry fundamentals. Multiple threads—from software subscriptions and analog chips to EV batteries and telecom equipment—will converge within the same week.
On the software and IT services front, $ServiceNow (NOW.US)$ And, $IBM Corp (IBM.US)$ represent two distinct pathways and current realities of AI-enabled SaaS.ServiceNowAs a benchmark for high-margin subscription models, market focus centers on whether the accelerated enterprise adoption of its next-generation AI tools can tangibly translate into higher renewal rates and average revenue per customer, thereby validating the monetization thesis of 'AI-driven premium pricing.' On July 15, IBM reported preliminary Q2 revenue of $17.2 billion, below market expectations, with the CEO noting, 'We didn’t anticipate customers shifting budgets toward storage and other hardware.' Against the backdrop of clients increasingly reallocating budgets toward AI infrastructure hardware, its software and consulting businesses are facing structural pressure.
Moving down the industrial chain toward physical manufacturing,$CATL (03750.HK)$ its overseas expansion pace is influencing the entire new energy supply chain. As the undisputed global leader in power batteries and energy storage, changes in its market share within the global EV supply chain will serve as a tangible upstream-downstream confirmation alongside Tesla’s strong deliveries, directly reflecting the latest sentiment in the green energy storage market. In the pharmaceutical sector, $Novartis AG (NVS.US)$ bolstered by a robust R&D pipeline and steady market demand, it is expected to demonstrate counter-cyclical growth driven by pharmaceutical innovation—amid high volatility in the tech sector, its earnings performance also provides a key benchmark for defensive positioning.
Turning attention to foundational hardware infrastructure, $Nokia Oyj (NOK.US)$ as a barometer of the telecom equipment market, its network infrastructure business orders and guidance will reveal whether the investment cycle for 5G and optical networking has truly entered an acceleration phase amid the wave of large-scale data center expansions driven by AI and cloud computing. Meanwhile, $Texas Instruments (TXN.US)$ it stands at the vanguard of analog chip observation—surging demand for AI infrastructure is cascading through power management, signal processing, and other segments into the analog chip market. Texas Instruments’ latest order trends and next-quarter guidance will quantify just how strong this tailwind is and how long it can last.
This week’s earnings lineup spans multiple high-stakes sectors including AI compute, new energy, and semiconductors, offering plenty of看点. Can Google’s cloud business sustain its $100B+ capital expenditure? Will Tesla deliver surprises in FSD and energy storage metrics? And can Intel’s foundry transformation restore market confidence? Stay tuned for the results, and feel free to share your views in the comments section.[Earnings Live Coverage预告]:A lineup of star stocks is set to report earnings! How can you avoid missing the action? Click to learn more about corporate earnings release dates:More Earnings Calendar
🏆 Event: Bull Circle Opinion Leader ✨
Can Google's AI cloud business justify its $100B+ capital expenditure? How far along are Tesla’s Robotaxi and FSD monetization efforts? Can Intel’s foundry transformation win back market confidence? Has Nokia reached an inflection point in 5G and optical networking orders? Next week, these tech giants all report results—whose story do you believe will deliver?
Share your thoughts in the comments below:
✅ At least 30 words ✅ Original viewpoint ✅ Complies with community guidelines
Meet the requirements and earn 66 points!
‘Earnings Express’ has been fully upgraded—with three key features to help you get ahead during earnings season!
![[Chuckle]This post deserves a like![Heart]Comment and share your insights! Hello, fellow investors![Yeah!]Recently, global market attention has been focused on two major events:Fed Chair Waller’s first congressional testimonyas well asTaiwan Semiconductor Q2 2026Major earnings have just been released. [Smart]First, let’s talk about Waller. This new Fed chair, only seven weeks into his tenure, has just completed his two-day congressional “debut.” Facing persistent Democratic questioning over his independence, Waller delivered a sharp retort: “Trump picked an independent person to do an independent job,” and clearly stated he has “zero tolerance” for inflation. He downplayed the significance of a single month’s CPI data, emphasizing that the Fed won’t declare its mission accomplished based on one report. Waller maintained his approach of offering no forward guidance, revealing almost nothing about his stance on the interest rate path—but his remarks subtly signaled that rates remain the key tool to curb inflation. He passed the first test with rhetorical skill and a hawkish tone, but what markets truly care about is how he’ll act when real decisions arise. Now, onto Taiwan Semiconductor.[OK] As the barometer of AI computing demand, Taiwan Semiconductor delivered a Q2 earnings report that beat expectations across the board—revenue, net profit, and gross margin all significantly exceeded market forecasts. The share of advanced-node production continues to rise, with 2nm chips now officially shipping, confirming robust and undiminished demand for AI chips. CEO C.C. Wei further warned that capacity shortages will persist for several years, and full-year capital expenditures will remain at a record high. Taiwan Semiconductor’s results once again validate the A...](https://nnqimage.futunn.com/sns_client_feed/999982/20260717/web-1784258413808-KCcmKuddEJ.png/big?area=2&is_public=true&imageMogr2/ignore-error/1/format/webp)
Futubull AI Instant Q&A to resolve doubts, AI-powered stock screening to identify breakout potential, and portfolio analysis to seize opportunities and avoid risks!![[Chuckle]This post deserves a like![Heart]Comment and share your insights! Hello, fellow investors![Yeah!]Recently, global market attention has been focused on two major events:Fed Chair Waller’s first congressional testimonyas well asTaiwan Semiconductor Q2 2026Major earnings have just been released. [Smart]First, let’s talk about Waller. This new Fed chair, only seven weeks into his tenure, has just completed his two-day congressional “debut.” Facing persistent Democratic questioning over his independence, Waller delivered a sharp retort: “Trump picked an independent person to do an independent job,” and clearly stated he has “zero tolerance” for inflation. He downplayed the significance of a single month’s CPI data, emphasizing that the Fed won’t declare its mission accomplished based on one report. Waller maintained his approach of offering no forward guidance, revealing almost nothing about his stance on the interest rate path—but his remarks subtly signaled that rates remain the key tool to curb inflation. He passed the first test with rhetorical skill and a hawkish tone, but what markets truly care about is how he’ll act when real decisions arise. Now, onto Taiwan Semiconductor.[OK] As the barometer of AI computing demand, Taiwan Semiconductor delivered a Q2 earnings report that beat expectations across the board—revenue, net profit, and gross margin all significantly exceeded market forecasts. The share of advanced-node production continues to rise, with 2nm chips now officially shipping, confirming robust and undiminished demand for AI chips. CEO C.C. Wei further warned that capacity shortages will persist for several years, and full-year capital expenditures will remain at a record high. Taiwan Semiconductor’s results once again validate the A...](https://nnqimage.futunn.com/sns_client_feed/999982/20260717/web-1784259438010-KghHF7PHiN.webp/big?area=2&is_public=true&imageMogr2/ignore-error/1/format/webp)
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
Comments (60)
to post a comment
22
13