Strong Earnings Beats and Revisions Fuel S&P 500 Surge Past 7,000

Early Q1 earnings and guidance signal a robust season, backing the S&P 500's push above 7,000 amid bullish revisions. A sample of 20 early reporters raised Q2 estimates by 1.22%—beating recent cut trends—with tech driving a 37.26% Q2 surge, including Micron's ~82% guidance jump. Roughly 80% beat estimates by 9.86% on average, cutting selloff risks and implying upside for AI tech stocks despite oil and geopolitical headwinds. Economists affirm economic resilience, making the rally sustainable.