S&P 500 earnings growth to slow as AI spending loses momentum, Goldman Sachs says
FROM THE WIRE · SEEKINGALPHA.COM
[Artificial intelligence industry wide slowdown, AI out of control, pausing on development and launch] Just_Super/iStock via Getty Images Wall Street's corporate earnings machine is still running at an impressive pace, but Goldman Sachs warns that investors may need to adjust…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA shift in earnings outlook and tech leadership can weigh on investor expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01With 60% of S&P 500 companies reported, EPS is on track to rise 33% year over year.
- 02Goldman Sachs warns that earnings acceleration is coming to an end.
- 03AI spending is maturing and market leadership is shifting away from tech giants.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Microsoft Corporation521.91 USDMarket closedtoday -1.55%Negative Alphabet Inc.279.84 USDMarket closedtoday -1.40%Negative Meta Platforms, Inc.614.99 USDMarket closedtoday -1.53%Negative SP500—n/aNegative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets