JPMorgan Revises Up S&P 500 Target

JPMorgan’s strategists admit they were way too cautious on earnings forecasts, now bumping their S&P 500 target to 7,800 — a 6% jump — fueled by a surge in AI-driven profits and record Q1 earnings growth. But while bullish on the market’s trajectory, they’re warning of speculative frenzy in AI stocks that could trigger a flash crash if sentiment turns. With rising stock issuance and stubbornly high rates on the horizon, they urge investors to balance high-growth AI plays with defensive, low-volatility stocks for a smarter, safer ride. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e0f01eb120d7f5cd