Hedge funds are increasingly scrutinising elevated US corporate earnings expectations as Wall Street analysts lift S&P 500 profit forecasts at the fastest pace since the post-pandemic recovery, raising concerns that markets may be pricing in overly optimistic assumptions, report by the FT.
Consensus estimates now call for around 25% earnings growth over the next 12 months, driven by resilient economic growth and continued AI investment. However, investors warn that expectations for semicondu...
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