Thursday, 20 August, 2026
Artificial Acceleration: AI Investment Gains Supercharge S&P 500's Q2 Profits
By TechShots Studio
S&P 500 second-quarter earnings are tracking a massive 52% year-over-year surge, largely propelled by tech sector profits and booming AI investments. Tech giants like Alphabet and Amazon significantly boosted overall figures by realizing massive mark-to-market gains from their stakes in AI startups like Anthropic. Stripping away these investment windfalls, index earnings still grew an impressive 33%.
Read full story at REUTERS