According to CoinMeta, as reported by A early issuer of in in 2021, Deutsche Bank raised its earnings forecasts for the S&P 500 index on August 3, expecting earnings per share ( EPS ) to reach $358 in 2026, up from the $342 forecast in 2027, and further increased from $390 to $420. Deutsche Bank stated that the upward revision was based on strong financial performance in the second quarter, with 87% of S&P 500 component companies exceeding market expectations in earnings. The bank predicted a 33% year-on-year increase in corporate profits for the second quarter. Deutsche Bank noted that profit growth is spreading from large technology companies to a wider range of industries, with corporate profit margins hitting record highs, and sales growth remaining strong.