sentiment

“Earnings sentiment is at a critical juncture for the biggest market cap names in the S&P 500,” said Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets in a note published Sunday.

Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, thinks it might, because unlike the start of the previous two earnings seasons, the market is entering this one with significantly improved sentiment.

But for the first time in a while, both the science and the sentiment are pointing the same way, and if the market keeps chasing affordable risk, the sector’s rebound may still have legs.

Some institutions have already boosted exposure to defensive assets, volatility hedging and cash buffers, expecting broader sentiment swings.

But influencing customer sentiment on Anthropic will require more than free hats.