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The wave of AI capital expenditures is reshaping economic resilience, and Morgan Stanley has raised its earnings forecast for U.S. stocks.

The wave of AI capital expenditures is reshaping economic resilience, and Morgan Stanley has raised its earnings forecast for U.S. stocks.

``` The boom in AI infrastructure construction is fundamentally changing the sensitivity of the US economy to prices and financing costs, and is driving a significant upward revision in corporate earnings expectations. Andrew Sheets, Chief Cross-Asset Strategist at Morgan Stanley, pointed out in the bank’s 2026 mid-term outlook report that
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