JPMorgan Asset Management global market strategist Jordan Jackson said elevated expectations heading into earnings season could be challenging, with results heavily influenced by AI-driven concentration in technology, according to Bloomberg.
Jackson cited projections for S&P 500 earnings growth of more than 20% for the quarter, but said excluding technology sectors would cut the estimate to about 11%, which he described as solid double-digit expansion.
Market Strategist Flags High Earnings Bar as AI Concentration Skews Growth
2026-07-07 20:24:06
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
