According to @KobeissiLetter, mentions of AI on S&P 500 earnings calls this quarter have surpassed 10,000 for the first time, doubling over the last 18 months. According to @KobeissiLetter, this new peak exceeds the prior record of about 9,000 set at the end of June. According to @KobeissiLetter, by comparison the three-month period ending March 2023 saw roughly 1,000 AI citations. According to @KobeissiLetter, over 60% of S&P 500 companies have referenced AI this earnings season, doubling since Q4 2022 and supporting their view that AI is dominating this earnings season.

According to @KobeissiLetter, “AI” was cited on 287 S&P 500 earnings calls in Q2 2025, the highest on record (source: @KobeissiLetter). This total has roughly quadrupled over the last three years and surpassed the prior record of 247 in Q4 2024, signaling unprecedented narrative breadth (source: @KobeissiLetter). The five-year and ten-year averages are 124 and 79 mentions respectively, underscoring how elevated Q2 2025 is versus historical baselines (source: @KobeissiLetter). Information Technology led with 65 mentions, representing 98% of its total calls, concentrating the AI theme within the IT sector (source: @KobeissiLetter). The source characterizes this as an AI revolution in full swing and provides no crypto market data or token-specific impacts (source: @KobeissiLetter).

According to The Kobeissi Letter, a record 60 S&P 500 companies and 193 Russell 3000 companies mentioned 'reshoring' during their May earnings calls, signaling a significant shift in operational strategies (source: The Kobeissi Letter, June 9, 2025). This trend toward moving foreign operations back to the US may impact global supply chains, influencing related crypto sectors such as supply chain management tokens and blockchain logistics platforms. Traders should monitor these developments, as increased domestic production could shift capital flows, affecting sentiment around US-based crypto assets and blockchain projects tied to manufacturing and logistics.