From tech to banks, five lessons from Europe's Q2 earnings season

Earnings Growth and Market Sentiment: European companies are expected to report a 4.3% increase in Q2 earnings, marking the first rise in five quarters; however, concerns about consumer strength and economic outlook have led to a shift from cyclical to defensive stocks among investors.

Sector Performance Insights: While European banks have seen significant earnings growth due to rising interest rates, the tech sector has struggled with a nearly 30% decline in earnings, highlighting a divergence in performance across different sectors amid ongoing market uncertainties.