Goldman Sachs: AI Spending to Drive Q2 Earnings Growth Again

Key Facts

1Goldman Sachs' top equity strategist predicts artificial-intelligence spending will be the big story again for the coming second-quarter earnings season.

Amid the ongoing global trend toward artificial intelligence investment, Goldman Sachs' top equity strategist expects AI spending to be the big story again in the second-quarter 2026 earnings season. According to a Barron's report, the analyst sees companies heavily investing in AI technologies as the best positioned for earnings growth, boosting market sentiment going forward.

This forecast follows a strong first-quarter earnings season, where data from major Wall Street firms showed AI investment becoming a key growth driver. According to market data, technology and cloud services sectors saw notable revenue gains due to increased adoption of AI solutions, reinforcing a positive outlook for the second quarter.

Traders are now focusing on second-quarter results due in July, as companies reveal the impact of their AI investments on earnings. Attention is expected to be on major tech firms such as Nvidia and Microsoft, which are leaders in the space. While uncertainty over interest rates and inflation persists, AI remains a powerful catalyst that could support markets if results meet expectations.