Better-Than-Expected: These Stocks Just Topped Q2 Projections

The second quarter earnings season has shown that companies are generating exceptional profits, and that a significant portion of the headline improvement is connected to investments in artificial intelligence.

Reuters reported on August 20 that aggregate S&P 500 earnings had risen 52 percent year-on-year, with profits from the technology sector alone jumping 74%.

Even after stripping out large mark-to-market gains linked to AI investments, earnings growth remained a substantial 33%.

On...