Goldman Sachs: U.S. stocks may see another strong earnings season, with economic growth and AI boom expected to boost earnings per share.

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BlockBeats news, June 29, Goldman Sachs strategists stated that driven by a "solid macro backdrop" and the AI investment frenzy, the US stock market may be headed for another strong earnings season.

The team led by Ben Snider said that the earnings trend of the S&P 500 is strong enough to surpass analysts' previously high expectations.

Snider wrote in a report that AI infrastructure stocks are expected to contribute about 60% of earnings per share growth in the second quarter, with Micron Technology and NVIDIA together accounting for over 40%.

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