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"Q1 Earnings Were Great, But..." - Goldman Pours Cold Water On The Strongest Quarter Since 2011

"Q1 Earnings Were Great, But..." - Goldman Pours Cold Water On The Strongest Quarter Since 2011

With 91% of companies in the S&P500 having reported earnings for the first quarter, Q1 2017 earnings season is almost fully in the history books, and is shaping up as the best quarter for annual earnings growth in six years. According to FactSet, the blended earnings growth rate for the S&P 500 in the first quarter is 13.6%, up from 13.5% last week, while revenue is poised to grow 7.8% Y/Y. The rise in profits was a function of both solid sales growth (+7.8%) and a 41 bp expansion in margins to 9.4%.

24 Hours Later: "Unprecedented" Fallout From First Global, Coordinated Ransomware Attack

24 Hours Later: "Unprecedented" Fallout From First Global, Coordinated Ransomware Attack

Less than 24 hours after it first emerged, it has been called the first global, coordinated ransomware attack using hacking tools developed by the NSA, crippling over a dozen hospitals across the UK, mass transit around Europe, car factories in France and the UK, universitied in China, corporations in the US, banks in Russia and countless other mission-critical infrastructure.

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