CICC Flags AI Investment Demand Gap in U.S. Stock Review

CICC’s review of third-quarter U.S. earnings found that the AI sector contributed 60% of S&P 500 earnings growth, while accelerating capital spending, negative free cash flow and marginal return on invested capital falling to 6.1% pointed to a gap in demand. According to PANews, CICC recommends caution until an AI breakthrough or a Federal Reserve policy shift, and identifies early next year as a key point.