S&P 500 Q2 earnings surge 52%...boosted by valuation gains from AI investments

1. 1S&P 500 aggregate earnings for Q2 are projected to jump 52% year-over-year, driven by strong results from AI-related companies.
2. 2Tech-sector earnings rose 74%, with Alphabet and Amazon reflecting valuation gains of $77.1 billion and $53.4 billion, respectively, tied to AI investments.
3. 3Excluding valuation gains, the figure drops to 33%, still the highest since 2021, though caution remains that mark-to-market earnings are vulnerable to market volatility.

Source Reuters · View original ↗

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