BARCLAYS: S&P 500 EARNINGS CRUSH EXPECTATIONS Barclays says 85% of S&P 500 companies have beaten Q2 earnings estimates, well above the long-term average of 76%. Revenue rose 11.2% year-over-year, while EPS jumped 25.1%, led by Big Tech. Despite the strong results, Barclays notes that both earnings beats and misses have triggered negative stock reactions on average—a rare pattern that suggests investors had already priced in much of the good news.(*Walter Bloomberg)