01 Nov 2025 | 5 Mins Read
Stock rally faces earnings test after AI and Fed volatility
Flipitmoney
The S&P 500 rose 2.3% in October, its sixth straight month of gains, despite mixed results from megacap companies. Investors are concerned about the strength of the artificial intelligence trade and potential overexuberance. Corporate earnings have broadly topped expectations, with third-quarter profits expected to increase 13.8% from a year earlier.