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Deutsche Bank raises S&P 500 earnings forecasts amid strong Q2 results and AI-driven growth.

Market News
03 Aug 2026
Finbold
View Source
Bullish
pluang ai news

Deutsche Bank has increased its earnings-per-share forecasts for the S&P 500 to $358 for 2026 and $420 for 2027, reflecting strong corporate earnings and broad market growth. This upgrade follows a record-breaking Q2 earnings season where 87% of companies beat expectations, driven by rising sales, profit margins, and AI investments. The bank highlights that all 11 sectors of the S&P 500 are expected to grow, with wider market participation beyond just tech giants. Wall Street remains bullish on the S&P 500, with several firms raising year-end targets based on resilient earnings and ongoing AI-related investments, signaling potential continued gains through 2026.

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Pred expands sports exchange with new football leagues including La Liga and Champions League

Pred expands sports exchange with new football leagues including La Liga and Champions League

Pred, a peer-to-peer sports prediction exchange, has added major football leagues such as La Liga, Champions League, Europa League, and MLS to its platform alongside existing markets like the English Premier League, Formula 1, and Tennis. This expans...

Others
Bullish
50 minutes ago
State Street Global Advisors increases stake in DCC plc to 1.29% as of July 31, 2026.

State Street Global Advisors increases stake in DCC plc to 1.29% as of July 31, 2026.

State Street Global Advisors and its affiliates have increased their holdings in DCC plc to 1,100,095 ordinary shares, representing 1.2878% of the company as of July 31, 2026. The transactions included multiple purchases and a sale of shares at a pri...

Market News
Neutral
50 minutes ago
Angle seat valve market to grow to $0.53B by 2032, driven by industrial automation and smart valve tech adoption.

Angle seat valve market to grow to $0.53B by 2032, driven by industrial automation and smart valve tech adoption.

The global angle seat valve market is projected to grow from $0.38 billion in 2026 to $0.53 billion by 2032, at a CAGR of 5.9%. Growth is fueled by rising industrial automation in sectors like food & beverages, pharmaceuticals, chemicals, and water t...

Market News
Bullish
50 minutes ago
ADTRAN misses Q2 revenue targets, shares drop 15%, and faces investor misinformation probe.

ADTRAN misses Q2 revenue targets, shares drop 15%, and faces investor misinformation probe.

ADTRAN Holdings reported preliminary Q2 2026 revenue between $280 million and $282 million, below its prior guidance of $283 million to $303 million, causing a 15% drop in its stock price. The company cited a delay in a key customer project as the re...

Company Fundamentals
Bearish
1 hour ago
Hennessey unveils Blackbird, a $2.5M analog hypercar with 800-850 hp and manual transmission.

Hennessey unveils Blackbird, a $2.5M analog hypercar with 800-850 hp and manual transmission.

Hennessey Special Vehicles has revealed the Blackbird, a new naturally aspirated, manual-transmission hypercar inspired by the Lockheed SR-71 Blackbird aircraft. The car features an all-new 6.2-liter V8 engine producing 800-850 hp, a six-speed gated ...

Others
Bullish
1 hour ago
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