This is a key week for big cap earnings reports. Over 600 companies are reporting, among them a big chunk of the S&P 500.
This includes several of the technology and social media giants, including a member of the FAANG.
Surprisingly, some of the tech companies have great earnings surprise track records.
It’s not easy to beat every quarter, or nearly every quarter, for 5 years, yet these big technology companies are doing it while also facing enormous pressure to stay at the top of their game.
Beating every quarter is a combination of great management, which communicates well with analysts, and sheer luck.
Can they do it again this quarter?