Friday, 9 October, 2026
The Silicon Engine: How AI Giants Are Single-Handedly Fueling US Earnings Growth
By TechShots Studio
Artificial intelligence and mega-cap tech companies are poised to drive the vast majority of third-quarter US earnings gains. With S&P 500 earnings projected to rise significantly year-over-year, analysts attribute up to 80% of that growth to AI powerhouses like Amazon, Meta, and Alphabet. While infrastructure buildouts and massive capital expenditures continue to fuel record profits, analysts note that high hurdle rates and rising scrutiny accompany the boom.
Read full story at REUTERS