JPMorgan’s Lipikhina Sees Earnings Supercycle Driving US Stocks

An earnings “supercycle” in the US is poised to drive stocks to more record highs, according to Nataliia Lipikhina at JPMorgan Chase & Co., fueled by heavy spending from hyperscalers...

By Rivaldo Jantjies, Tom Mackenzie, Guy Johnson, Anna Edwards · Bloomberg Markets

An earnings “supercycle” in the US is poised to drive stocks to more record highs, according to Nataliia Lipikhina at JPMorgan Chase & Co., fueled by heavy spending from hyperscalers and advances in agentic AI.