The stock market is on the verge of a “virtuous investment cycle” that could drive corporate profits to new heights, according to a recent note from Bank of America. Subramanian has revised her 2024 S ...
A virtuous investment cycle sparked by AI is set to drive S&P 500 profits to record highs, according to Bank of America. The bank raised its 2024 and 2025 S&P 500 earnings per share estimates to $250 ...
BofA Securities’ analysts see a “virtuous investment cycle” for the big names thanks to artificial intelligence. According to BofA’s S&P 500 EPS Outlook report, published on Tuesday, hyperscalers -- ...
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