YoY Growth in S&P 500 Cash Use
S&P 500 companies are shifting cash to capex, led by AI, while buybacks stall. The result may be weaker EPS support and a thinner cushion for stock prices.
Image: Goldman Sachs Global Investment Research
S&P 500 companies are shifting cash to capex, led by AI, while buybacks stall. The result may be weaker EPS support and a thinner cushion for stock prices.
Image: Goldman Sachs Global Investment Research