Second quarter earnings season is almost over and most S&P 500 companies have beaten earnings and revenue estimates. Standouts: SoundHound hit record revenue, Sunrun surprised with profit, and Block posted strong growth. On the flip side, Under Armour, Crocs, and Wendy's issued cautious outlooks, often citing weak demand and tariffs. Trade Desk dropped sharply on ad uncertainty, while solar, travel, and fintech names saw big pops. Several firms, including Peloton and Warner Bros., swung to profits after cost-cutting and big releases. Persistent inflation, tariffs, and spending slowdowns are the main drags moving forward.