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Goldman Sachs U.S. stocks are expected to see a strong earnings season, with second-quarter earnings for S&P 500 components set to surge 22% year-over-year.
Svmuu News: According to Goldman Sachs, the U.S. stock market is set to see another strong earnings season. Goldman Sachs Earnings for S&P 500 components are projected to surge 22% year-over-year in the second quarter, with AI infrastructure-related stocks contributing nearly 60% of that growth—Micron, and NVIDIA alone accounting for over 40% of the total.If these estimates materialize, this would mark the second consecutive quarter of over 20% earnings growth for the S&P 500.Goldman Sachs The report emphasizes that the market’s primary focus is not on the performance of the tech giants themselves—after all, AI spending by hyperscale cloud providers is already well-documented—but rather on whether broader companies across the supply chain can deliver on their earnings potential driven by AI demand.
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