This earnings season kicks off with unusually high expectations. Consensus expects another quarter of more than 20% S&P 500 earnings growth, driven largely by the #AI buildout. But as cheaper AI models emerge, the focus shifts to whether today's exceptional AI profit levels can be sustained. Read more in this week's Weekly Commentary 👉1blk.co/4wpkzZI

This earnings season kicks off with unusually high expectations. Consensus expects another quarter of more than 20% S&P 500 earnings growth, driven largely by the #AI buildout. But as cheaper AI models emerge, the focus shifts to whether today's exceptional AI profit levels can be sustained. Read more in this week's Weekly Commentary 👉1blk.co/4wpkzZI

Source:https://x.com/BlackRock/status/2082858593741689043