Goldman Sachs Group stated that the standard profitability of companies has supported high valuations of U.S. stocks, although the surge in spending on artificial intelligence could overshadow the returns for major tech firms in the coming years.
The bank noted that the S&P 500 index has gained 9% since the beginning of the year, driven primarily by stronger earnings expectations rather than an expansion in valuations. The index is currently trading at 21 times future earnings, which is significantly above its historical average.
According to the report, the return on equity for the S&P 500 index reached a record 22% in Q1 2026, surpassing the previous peak recorded in 2021. $AIO $BTC #Write2Earn #Aİ #AI
The bank noted that the S&P 500 index has gained 9% since the beginning of the year, driven primarily by stronger earnings expectations rather than an expansion in valuations. The index is currently trading at 21 times future earnings, which is significantly above its historical average.
According to the report, the return on equity for the S&P 500 index reached a record 22% in Q1 2026, surpassing the previous peak recorded in 2021. $AIO $BTC #Write2Earn #Aİ #AI