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- "Over the next 10 years, AI could increase productivity by 1.5% per year. And that could increase S&P 500 profits by 30% or more over the next decade," the Wall Street bank's Ben Snider told CNBC on Thursday.
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May 18, 2023 · Artificial intelligence technology could boost S&P 500 profits to new highs over the next decade, according to a senior strategist at Goldman Sachs.
- Thomas Greaney And Finanzen.Net
May 18, 2023 · Key Points. “Over the next 10 years, AI could increase productivity by 1.5% per year. And that could increase S&P500 profits by 30% or more over the next decade,” Goldman Sach’s senior strategist...
Jun 7, 2023 · “Increased economy-wide output could translate into increased revenues and earnings for S&P 500 companies, even beyond those firms directly involved in the development of AI,” says Goldman.
- Jamie Chisholm
- jamie.chisholm@marketwatch.com
Feb 29, 2024 · No. 1 stands out: “Generative AI does actually increase productivity growth to 2.5%, fueling a 20% return for equities in 2024.” That would take the S&P 500 to 5,723.87.
- Barbara Kollmeyer
- bkollmeyer@marketwatch.com
Jun 7, 2023 · An executive summary of their findings might read: AI should give the S&P 500 a boost, but there's a lot of uncertainty, and a fair few caveats, too. Let's start with how it may help...
14 hours ago · S&P 500 Up More than 55% From Its October 2022 Nadir Stockcharts.com VOO tracks the S&P 500 index, and its current assets under management has swelled to $1.14 trillion as of June 19, 2024.
May 18, 2023 · A.I. tech is set to boost corporate profit margins, already near a record high, dramatically over the next decade, Goldman's Ben Snider said Thursday.
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