A year after stocks soared, CEOs must show it was warranted

NEW YORK (AP) — It’s time for big companies to show that their huge stock-price moves over the last year were warranted. Not only are expectations high for this upcoming earnings season, which got going Wednesday with reports from some Wall Street titans like JPMorgan Chase and Goldman Sachs, they’re rising even more by the day. Analysts predict earnings grew close to 25% in the first quarter. But even that may not juice stock prices further, because the S&P 500 has already soared more than 80% since hitting a bottom in March 2020.