U.S. companies are heading into what could be a strong earnings season as corporate spending on AI infrastructure continues to rise, according to a ChainCatcher report. Goldman Sachs expects earnings for companies in the S&P 500 to increase 27% year over year in the September quarter. Societe Generale said that would mark a third straight quarter in which earnings growth exceeds 25%. The report ties the upbeat outlook to heavy investment by companies in AI infrastructure, which has become a major focus for corporate capital spending. No additional figures or company-level details were provided in the source.
U.S. companies are approaching a strong quarterly earnings season as businesses ramp up investment in AI infrastructure, according to ChainCatcher.
Goldman Sachs expects earnings for S&P 500 companies in the September quarter to rise 27% from a year earlier. Societe Generale said that would be the third consecutive quarter with earnings growth above 25%.
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