Global profit show shifts from US


AS the latest earnings season wraps, investors could be forgiven for missing some of the fireworks, what with artificial intelligence’s (AI) stranglehold on the market narrative, geopolitical angst and renewed trade uncertainty.

But the quarterly ritual highlighted some key themes that stand to shape the rest of the year in equity markets. While profits boomed in the United States, the rest of the world wasn’t shabby either, undergirding calls to diversify away from American stocks into mega-cap stocks in Asia and Europe.

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