Goldman Sachs forecasts a robust earnings season for US stocks, with S&P 500 companies expected to report a 22% year-over-year increase in Q2 earnings. The growth is largely driven by AI infrastructure-related stocks, which are anticipated to contribute nearly 60% of the earnings rise. Notably, Micron Technology and NVIDIA are projected to account for over 40% of this growth. If these expectations are met, it will mark the second consecutive quarter of over 20% earnings growth for the S&P 500.
Goldman Sachs Projects 22% Surge in S&P 500 Q2 Earnings
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