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blockonomi 6 days ago

AI Supercharges S&P 500 Earnings as 2026 Growth Forecast Hits 32%

TLDR: S&P 500 earnings growth for 2026 is now forecast at 32%, up from roughly 24% before second-quarter results. About 86% of reporting S&P 500 companies beat estimates, well above the long-term average of 67.5% overall. Communication Services’ 2026 profit growth forecast jumped to 51% from 26% as AI-driven gains spread. Barclays raised its 2026 [...]

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Source: Source: Blockonomi