S&P 500 full-year profit estimates jump to 32% growth as AI spending reshapes corporate earnings

S&P 500 full-year profit estimates jump to 32% growth as AI spending reshapes corporate earnings

S&P 500 earnings growth surged to 32% for 2026 on $754 billion AI capex; 86% beat Q2 estimates. AI infrastructure now dominates capex priorities for tech leaders; sustained growth hinges on capex ROI realization—any slowdown pressures semiconductors and data centers.