17 Nov 2025 | 5 Mins Read
US economy beats expectations despite softer labour market conditions
Flipitmoney
US second quarter GDP growth revised upward to 3.8%, driven by consumer spending and tech companies topping earnings estimates. Mega tech firms plan $1 trillion AI infrastructure investment by 2028. US corporate earnings grew at a four-year high, but consumer stocks were mixed, with some companies facing pricing pressures amid low consumer sentiment and slow job growth in the labour market.