ADVFN US – Market Content Editor
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Morgan Stanley Favours Quality, AI Adopters and Financials as Earnings Growth Broadens
Morgan Stanley sees U.S. corporate earnings momentum spreading well beyond the largest technology companies, creating opportunities in quality stocks, artificial intelligence adopters, large-cap financials and consumer discretionary goods. Strategists led by Michael Wilson argue that investors are also becoming more selective, increasingly rewarding businesses that combine earnings growth with strong free cash flow and operating…
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JPMorgan Raises S&P 500 Target to 8,000 as Earnings and AI Growth Strengthen Outlook
JPMorgan has increased its 2026 S&P 500 price target to 8,000 from 7,800, pointing to an exceptionally strong second-quarter earnings season and growing evidence that massive artificial intelligence investments are translating into stronger business performance. The bank also raised its earnings forecasts for both 2026 and 2027, although elevated interest rates, geopolitical risks and heavy…
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Citi Sees U.S. Industrial Growth Accelerating to 6.9% as Data Centre Demand Expands
Citi sees improving momentum across the industrial sector after organic growth reached 6.9% in the second quarter of 2026, substantially exceeding the bank’s 4.0% forecast. Strong data centre investment remains an important source of demand, while signs of a broader short-cycle recovery suggest growth is beginning to extend into more areas of the industrial economy.…
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Goldman Sachs Sees $1.4 Trillion Buyback Wave Outpacing U.S. Equity Supply in 2026
Goldman Sachs expects corporate share repurchases to remain a powerful source of demand for U.S. equities in 2026, outweighing the increase in new shares coming to market. Although follow-on offerings and broader equity issuance have accelerated, the bank argues that issuance conditions remain orderly, while an estimated $1.4 trillion of buybacks should provide substantial support…
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Citi Sees Growing Short-Squeeze Risk as U.S. Market Positioning Improves
Short sellers in U.S. equities are becoming increasingly exposed to further market gains, according to Citi, as investors rebuild risk positions across major developed markets. Recent flows have primarily reflected fresh buying rather than investors simply closing bearish bets, suggesting confidence is gradually returning to U.S. and European equities. Investors add new long positions in…
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Wall Street Slips From Record as Weak Consumer Data Cools the Rally
US stocks pulled back modestly on Friday, retreating from record territory after a batch of soft consumer data gave investors a reason to take some money off the table. A surprise drop in retail sales and a slide in consumer sentiment reminded traders that the American shopper may be growing more cautious, tempering the enthusiasm…
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Goldman Sachs Sees Limited Evidence AI Spending Is Crowding Out Other Investment
Goldman Sachs says the rapid expansion of artificial intelligence investment in the United States could be starting to displace spending elsewhere in the economy, although the bank has found relatively little evidence of a widespread crowding-out effect so far. With AI-related investment approaching hundreds of billions of dollars annually, analysts are increasingly examining whether the…
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Citi Keeps S&P 500 Target at 8,100 as Earnings Outlook Strengthens
Citi continues to see a path for the S&P 500 to reach 8,100 by year-end after raising its full-year earnings forecast following a stronger-than-expected second-quarter reporting season. Strategists led by Scott Chronert said the fundamental forces underpinning the target “remain mostly in place,” although the next stage of the rally will likely require broader market…
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Citi Sees Silver Reaching $90 as Investment Demand Becomes Key Price Driver
Silver could climb as high as $90 an ounce over the next six to 12 months, according to Citi, as stronger investor demand potentially outweighs a softer outlook for some industrial uses. The bank maintained its bullish price forecasts and expects easing geopolitical tensions and a less hawkish Federal Reserve to create a more favourable…
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JPMorgan Sees Further Equity Upside in Second Half as Market Rally Broadens
JPMorgan remains positive on equities for the second half of the year, arguing that concerns surrounding geopolitics, inflation, market concentration, the economic cycle and weakness in bonds are unlikely to prevent stocks from advancing further. The bank expects broader participation in the rally, with cyclical and higher-beta areas potentially taking a greater role as the…