Morgan Stanley: Tech companies' earnings reports will have a greater impact on the stock market than the Iran war
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Golden Finance May 4｜Morgan Stanley strategists stated that strong US corporate earnings, especially in the booming technology sector, have overshadowed concerns that Middle East conflicts may put pressure on the stock market. In a report, the team led by Michael Wilson wrote that over the past month, S&P 500 earnings expectations have been revised upward across multiple periods. Second quarter earnings forecasts have risen by 2%, while full-year 2026 and next 12-month earnings estimates have been raised by 3% and 4%, respectively.
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