JPMorgan and Goldman See US Earnings Broadening Beyond Big Tech

Some of Wall Street’s top strategists see tentative signs that US earnings are expanding beyond the mega-cap technology stocks at the heart of the artificial intelligence boom.

While the reporting season is still in its early stages, an analysis by JPMorgan Chase & Co. shows that forward guidance has topped expectations at roughly half of the S&P 500 companies that have provided an outlook for 2026.