Market News Edge
Sign in
Back to News

Think this stock market is in a bubble? These earnings numbers say otherwise.

The article highlights the upcoming second-quarter earnings reports for Big Tech and AI-related stocks, which are expected to provide insights into the health of the U.S. stock market.

Jul 21, 2026, 7:42 PM UTCEarnings Season1 sourceUpdated 5h ago
Affected entities:U.S. Stock MarketTechnology SectorAI-related Stocks

This analysis summarizes article framing and is not investment advice or a prediction of future returns.

From the article

MarketWatch logo

MarketWatchOpen original source

Jul 21, 2026, 7:42 PM UTC Michael Brush

Article image for Think this stock market is in a bubble? These earnings numbers say otherwise.

Stay with the AI trade and overweight technology stocks, according to one earnings expert

Many stock analysts compare the current tech-heavy U.S. market to the late 1990s internet-stock boom, specifically 1999 — just before the sharp run-up to the dot-com bust in 2000. The subsequent years were some of the worst in market history after the tech bubble deflated.

Over the next two weeks, investors will get a clearer picture of the U.S. market’s health — especially Big Tech and AI-related stocks — as companies report second-quarter earnings.

Story analysis

Sentiment distribution

Bullish100%
Neutral0%
Bearish0%

Bull case

Expectation of strong earnings from Big Tech and AI stocks.

Bear case

Comparison to the late 1990s tech bubble, suggesting potential overvaluation.

Shared facts

  • Comparison to 1999 tech boom.
  • Upcoming earnings reports for Big Tech and AI stocks.
  • Expectation of market insights from earnings.

Disputed interpretations

  • The article presents a comparison to historical market events and anticipates future earnings reports without making definitive predictions.

Source comparison

Sources differ mainly on cost, timing, and durability of the impact.

MarketWatch logoMarketWatch

Think this stock market is in a bubble? These earnings numbers say otherwise.

Bullish
Compare all sources