Goldman Sachs is strong, Netflix raises questions: What we learned from earnings this week

Earnings season kicked off in earnest this week, with some notable results including those from some of the biggest U.S. banks and a major entertainment company. So far, more than 14% of S & P 500 companies have reported. Of those companies, 73.6% have beaten earnings expectations, FactSet data shows. Here's a look at some of the biggest reports of the week and what analysts think — along with a look at potential implications for the broader market.

That would be its biggest weekly gain since April 2020, when it rallied 15%. However, management noted the ongoing fallout of the cyberattack on its subsidiary Change Healthcare will result in an impact on full-year earnings to fall between $1.15 and $1.35 per share.

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U.S. stocks have ‘limited upside' from here, says Goldman Sachs Asset ManagementU.S. stocks have “limited upside” from here and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset…
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