- Goldman Sachs Chief US Equity Strategist Ben Snider expects S&P 500 companies to post double-digit earnings growth starting next week and tells investors not to be anxious.
- Goldman Sachs says the AI investment boom remains an important support for corporate earnings through at least 2027, with an outright decline in AI spending unlikely before 2028 or later.
- Deutsche Bank reaffirms its 8,000 target on the S&P 500, aligning with Goldman's rejection of earnings bubble fears.
Quotes
“investors should not be anxious”
“an outright decline in AI spending is unlikely before 2028 or later”
“rejects S&P 500 earnings bubble fears while Deutsche Bank reaffirms its 8,000 target”