Today, July 15,

the corporate reporting season begins in the USA.

=An increase in the profits of S&P 500 companies is expected in the 2nd quarter of 2025 by +4.8% year-on-year — the lowest figure since the end of 2023 (according to analysts).

=The profit growth forecast for S&P 500 in the 2nd quarter of 2025 is +5.8% year-on-year, which is lower than +13.7% in the 1st quarter (according to other estimates). The possible slowdown in profit growth is associated with inflation and new tariffs (analysts' opinion).

=The forecast for the S&P 500 index at the end of 2025 has been raised to 6500 points due to demand for stocks in the artificial intelligence sector; a recession is not expected in the coming year (experts' assessment).

Some analysts predict the S&P 500 will rise to 7000 points (+12% from current levels) by the end of 2025. Other estimates indicate a range of 6800–7000 points for the S&P 500 at the end of 2025.

=A slowdown in earnings per share growth is projected for the 2nd half of 2025 due to inflation and new import duties, with a conservative target for the S&P 500 at 6300 points (according to analysts' calculations).

=The profit growth forecast for the S&P 500 in 2025 has been reduced to +6%, with the risk of a technical recession in the 2nd half of the year due to tightening trade conditions (experts' assessment).