News Summary

• S&P 500 ROE has surged by 150 bp during the past four quarters, driven by the AI capex boom.
• Record profitability has been one of the factors supporting high S-P 500 valuations.
• The impact of the AICapex boom on S&P500 return on equity: Record profitability is a key factor in the high valuations of the S&p 500.
• The full transcript of this article can be found at: http://www.dailymail.co.uk/news/features/article-293615/The-impact-of-the-AICapex-boom-on-S-P-500-ROE.html#storylink=cpy.