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The Daily Briefing · Friday, August 7, 2026
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S&P 500 Q2 Earnings Growth Hits 47.5%, Dwarfs Norms
Q2 2026 blended earnings growth of 47.5% is the strongest since Q4 2021 and nearly six times the 7–8% historical average, reshaping the earnings growth chart for the cycle.
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Also today
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U.S. July Jobs Report: Payrolls Fall 23,000
July nonfarm payrolls fell 23,000 versus a consensus forecast of +83,000, with government shedding 53,000 jobs alone.
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Earnings Sweep: Airbnb, Cloudflare Lead Broad Beat
Cloudflare shares surged 15% after hours on 36% revenue growth; Airbnb jumped 11% after raising full-year guidance again.
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FTSE 100 Closes In On 11,000 As Capital Flees US Tech
FTSE 100 hit an all-time intraday record of 10,989 on July 31 and trades above 10,890 in early August sessions, up 9.7% year-to-date
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AppLovin Stock Slides on Rare Q2 Revenue Miss
Q2 revenue of $1.92B rose 53% year over year but missed the $1.94B consensus, AppLovin's first below-guidance quarter since going public.
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Dutch Bros Q2 2026: Same-Shop Sales Jump 8.3%, Outlook Raised
Company-operated same-shop sales rose 8.3% in Q2 2026, marking the thirteenth consecutive quarter of positive comparable growth.
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Moderna mFLUSIVA: FDA Clears First mRNA Flu Shot
mFLUSIVA demonstrated 26.6% greater efficacy versus standard-dose flu shots in a 40,000-person trial, the largest ever for an mRNA influenza program.
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More headlines
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Video of the day
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Agricultural Futures Basis
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The Daily Briefing from Pomegra. AI-curated market news, educational content only. Nothing here is investment advice.
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