AI spending to drive another strong S&P 500 earnings season, Goldman Sachs says

Global stocks climb, yields retreat from multi-decade highs

With earnings season approaching, Goldman Sachs estimates S&P 500 earnings will grow 27%, with more than half of the growth driven by companies benefiting from AI infrastructure spending.

AI spending to drive another strong S&P 500 earnings season, Goldman Sachs says

Goldman Sachs sees strong S&P 500 Q3 earnings led by AI stocks, but narrow breadth and margin pressure.

Goldman Sachs spills the beans on what’s next for S&P 500

For most investors, the next S&P 500 earnings season will probably feel a lot like a test of whether a handful of companies can continue carrying the story. Goldman Sachs expects another strong quarter, but its forecast suggests the benefits of the AI spending surge are still heavily concentrated.…