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Corporate profit forecasts are beating expectations to an unusually high degree, with analysts attributing much of the upside to artificial intelligence-related demand. The information-technology sector stands out in particular for issuing upbeat earnings outlooks, according to a MarketWatch analysis. The trend underscores how AI-related spending and product demand are increasingly flowing through to corporate earnings guidance, reinforcing investor enthusiasm for AI-exposed companies even as questions persist elsewhere about the pace of returns on AI investment.
Sources:MarketWatch Top Stories