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JPMorgan increased its year-end S&P 500 target to 7,800 and lifted its 2026 EPS forecast to $350. The bank cited an earnings upgrade cycle tied to AI investments and lower geopolitical risks while flagging correction risks for speculative growth stocks.
thestreet.comJPMorgan raised its year-end target for the S&P 500 to 7,800. The bank cited an unprecedented earnings upgrade cycle fueled by the AI investment boom and easing geopolitical risks. JPMorgan also lifted its 2026 EPS forecast to $350 and said it expects strong profit growth through 2027.
The firm remains bullish on technology, AI, defense and banks. It warned that speculative growth stocks face elevated correction risk.
Defence Minister Guido Crosetto said Rome authorised only technical and logistical support, not combat flights. The clarification followed remarks by NATO Secretary General Mark Rutte on Fox News.
foxbusiness.comPresident Donald Trump said 19 million barrels moved through the strait in one day. Traffic reached the highest level since the end of February during a 60-day U.S.-Iran negotiating window.
ibtimes.co.ukLineShine in Shenzhen has taken the top global ranking. It is the first Chinese machine to lead since 2017 and uses standard microprocessors.