Evercore ISI expects the AI boom to drive the S&P 500 index up another 20% by the end of 2026
According to Evercore ISI strategists' predictions, driven by the artificial intelligence boom, the U.S. stock market is expected to rise another 20% by the end of 2026. Evercore ISI's Chief Equity and Quantitative Strategist Julian Emanuel pointed out in a report that the S&P 500 index is expected to climb to 7,750 points by the end of next year, stating that "the technological revolution will drive the stock market, price-to-earnings ratios, and social development to new heights." (Bloomberg)
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