J.P. Morgan Raises S&P 500 Year-End Target to 8,000 on AI Earnings Strength

J.P. Morgan raised its 2026 year-end S&P 500 target to 8,000 from 7,800, citing AI-driven earnings strength (Reuters, Aug. 10). It is the third hike this year — up from 7,600 in April and 7,800 in June. The cumulative 400-point, roughly 5% upgrade signals that AI-related revenue has moved from speculative upside to a base-case input in the firm's index earnings model.