ðŸ‡ðŸ‡° English, 12 October 2026, AI sector
Traders keen to get an idea on the outlook for the AI sector as it invests vast sums
Markets are bullish on company results overall, with companies in the S&P 500 expected to report a 24.3 percent jump in earnings per share
Tech giants will follow later in October and November, with traders keen to get an idea on the outlook for the AI sector as it invests vast sums despite growing concerns over the technology.
Markets are bullish on company results overall, with companies in the S&P 500 expected to report a 24.3 percent jump in earnings per share compared with the third quarter of 2025, according to CFRA.
The start of the corporate earnings season is also in view this week, with US banking giants JP Morgan, Goldman Sachs and Bank of America due to report on Tuesday.