Scott Melker: JPMorgan raises S&P 500 year-end target to 7,800 on AI earnings

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Olga Shendetskaya

2 hours ago

Scott Melker: JPMorgan raises S&P 500 year-end target to 7,800 on AI earnings — JPMorgan raises S&P 500 year-end target

Scott Melker, owner and content creator, reports that JPMorgan has raised its year-end target for the S&P 500 index to 7,800.

The revised forecast is attributed to strong earnings driven by artificial intelligence and diminishing geopolitical risks.

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Melker has recently tracked shifts in digital asset markets, noting panic selling in crypto following a minor BTC sale by Strategy and movements in Mt. Gox wallets in a prior update. He has also reported that Strategy’s $1.7 billion annual dividend is balanced by MSTR stock’s $2.7 billion average daily trading volume, according to another recent article. These observations come as attention turns to JPMorgan’s updated S&P 500 outlook.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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