Earnings
Robust Corporate AI Investments Drive Record US Earnings Growth
US corporations' substantial spending on artificial intelligence is expected to drive a 27 percent increase in S&P 500 earnings this quarter. The forecast reflects bullish investor sentiment about AI's business impact despite economic headwinds including elevated energy prices and government borrowing costs.
TechCrunch · Al Jazeera English · FT Companies · +1 more
Modelo Owner Posts Strong Beer Sales Growth
Constellation Brands exceeded earnings expectations with beer sales jumping 5 percent while wine and spirits surged 17 percent. Free cash flow grew 4 percent despite weaker overall consumer demand.
CNBC · The Motley Fool