AI Earnings Supercycle Widens as 95% of Countries Avoid Profit Contractions

TLDR: Only 5% of countries face forward EPS declines, the lowest share since 2021 as global profit breadth improves. MSCI World net income jumped 39.7% year over year as about 90% of companies reported second-quarter results. S&P 500 earnings rose 52%, while underlying profits climbed 33% after excluding AI-linked investment gains. STOXX 600 profits were [...]

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