Inflection Points: Earning Proof Points

Global X ETFs3.64K FollowersFollow5ShareSavePlay(15min)SummaryEquity markets have been, and are likely to remain, driven by fundamentals rather than rates.Earnings performance and forward guidance provide strong support at the start of 2026.Profit growth and capex trends suggest that a meaningful economic broadening is underway, and while parts of the AI-linked technology sector likely remain attractive, the recent equity rotation may also signal emerging opportunities based on shifting fundamentals. Alistair Berg/DigitalVision via Getty Images The last month felt like a year. Halfway through the first earnings season of 2026, and markets have already experienced two volatility spikes.1 The first followed the nomination of Kevin Warsh as FederalThis article was written byGlobal X ETFs3.64K FollowersFollowFounded in 2008, Global X is a sponsor of exchange-traded funds (ETFs). We are distinguished by our Thematic Growth, Income, and International ETFs. Explore our insights on the trends and themes shaping global markets – from technology to commodities to emerging economies – at globalxfunds.com/research. Global X ETFs is a member of the Mirae Asset Global Investments Group. Important disclosures: globalxfunds.com/privacy