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EVERCORE SEES AI-DRIVEN S&P 500 SURGE TO 9,000 Julian Emanuel of Evercore set a base-case year-end 2026 target of 7,750 for the S&P 500, wi…

EVERCORE SEES AI-DRIVEN S&P 500 SURGE TO 9,000 Julian Emanuel of Evercore set a base-case year-end 2026 target of 7,750 for the S&P 500, with a 30% chance the index could rally to 9,000 on AI-driven gains in tech and consumer stocks. Emanuel said the combination of the AI boom and major geopolitical shifts is creating unusually large market swings, similar to the 1920s and 1990s tech eras. Evercore recommends long-term bets on AI-focused stocks and the Invesco QQQ Trust, while using hedges against oil price and interest-rate risks. The firm also warned that AI and prediction markets can underestimate extreme outcomes, making sector expertise and full workflow ownership more valuable over time.
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