Global markets head into the busiest stretch of the second-quarter earnings season, with roughly 3,500 companies—about one-third of the equities tracked by research firm MarketsDay—scheduled to publish results in the week of 4–8 August. Data-provider AlphaSense counts 122 S&P 500 constituents in that line-up, making the period a focal point for investors seeking clarity on corporate demand after the recent tariff- and jobs-related market pullback. The week opens with Palantir Technologies, which reports Monday after the U.S. close. Wall Street is looking for earnings of $0.12 a share on revenue of about $938 million. On Tuesday, attention turns to Advanced Micro Devices and Super Micro Computer, as well as Caterpillar, Pfizer, Amgen and Arista Networks. Mid-week brings numbers from Uber Technologies, Shopify, Walt Disney and McDonald’s, while Thursday features Trade Desk, Eli Lilly and other high-growth names. Options markets are bracing for sharp swings. Data compiled by OptionMillionaires show implied one-day moves of 12.1 % for Palantir and 9.0 % for AMD, with double-digit expectations common across software, biotech and consumer names. The elevated premiums underscore investor uncertainty over how artificial-intelligence spending, weight-loss drug demand and tariff pressures will filter into corporate guidance. U.S. equity futures, which fell last week on concern over the new 145 % tariff on Chinese goods and weaker jobs data, have steadied ahead of the earnings wave. Market strategists say a series of solid beats and resilient outlooks could help repair sentiment, while any disappointments from marquee technology or consumer stocks risk extending the summer volatility.