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New York: US corporate earnings season gathers steam in the coming week as Alphabet and Intel are set to offer updates that could sway the market-leading AI trade amid high profit expectations and Iran war uncertainty.
The S&P 500 skidded on Friday to post a weekly decline, dragged down by a steep pullback in high-flying semiconductor shares. Still, the benchmark S&P 500 remained up about 9% in 2026, and stood 2% below its early June record high. Alphabet’s quarterly report on Wednesday will command Wall Street’s attention. AI capex has been at the heart of this year’s market rally.
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https://economictimes.indiatimes.com/markets/us-stocks/news/alphabet-intel-in-focus-as-us-earnings-rev-up/articleshow/132503648.cms
