企业盈利强劲、AI热情重燃，华尔街争相上调标普目标价

Group 1 - The US stock market has reached historical highs driven by strong corporate earnings and renewed investor enthusiasm for artificial intelligence (AI) [1][3] - Deutsche Bank strategist Binky Chadha raised the year-end target for the S&P 500 index to 7000 points, indicating over 7% upside from current levels [1][4] - Barclays and Wells Fargo also increased their forecasts, with Wells Fargo's team expecting an 11% rise by the end of next year [1][4] Group 2 - The optimistic sentiment in the market is supported by strong corporate earnings forecasts, with S&P 500 companies' earnings expected to surge nearly 10% by 2025 and further grow by 13% in 2026 [4][5] - The ongoing enthusiasm for AI is a key factor driving the current stock market rally, with expectations that investment and development in AI will continue to provide upward momentum for tech stocks [5][6] - Macro-economic factors, including easing policy headwinds and lower interest rates, are also seen as supportive for the stock market, with Deutsche Bank noting that the direct impact of tariffs has already been partially transmitted to inflation [6][7]