The Zhitong Finance App learned that the third quarter earnings season for US stocks is nearing its end. Despite the impressive overall performance, analysts have lowered the S&P 500 index's profit forecast for next year. Concerns surrounding artificial intelligence (AI) spending and the subsequent impact of the US midterm elections are casting a shadow over profit prospects. According to the data, the profit forecast for the S&P 500 index has been lowered for four consecutive weeks. Currently, the market expects profit growth of 20% in 2027, which is lower than the 30% growth rate expected this year.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that the third quarter earnings season for US stocks is nearing its end. Despite the impressive overall performance, analysts have lowered the S&P 500 index's profit forecast for next year. Concerns surrounding artificial intelligence (AI) spending and the subsequent impact of the US midterm elections are casting a shadow over profit prospects. According to the data, the profit forecast for the S&P 500 index has been lowered for four consecutive weeks. Currently, the market expects profit growth of 20% in 2027, which is lower than the 30% growth rate expected this year.
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