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JPMorgan Hikes S&P 500 Target to 8,000 on AI Monetization Surge

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • JPMorgan raised S&P 500 target to 8,000 from 7,800, citing strong Q2 earnings (78% beat estimates) and AI monetization evidence from Google, Amazon, and Microsoft's cloud businesses showing improved ROI.
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US500 price history

7619.98 +12.62% over the displayed period

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