Xin Lang Cai Jing·2025-11-24 14:41Core Viewpoint - Deutsche Bank predicts that the S&P 500 index will rise to 8000 points by the end of next year, driven by strong corporate earnings and AI-driven growth, making it the most optimistic among major global brokerages [1] Group 1: Predictions and Targets - Deutsche Bank's target implies a potential increase of up to 21% from the previous closing price of 6602.99 points [1] - HSBC sets a target for the S&P 500 index at 7500 points by the end of 2026, also optimistic about AI's strong development [1] - Morgan Stanley forecasts that the U.S. stock market will outperform other global markets next year, estimating the index will reach 7800 points by the end of 2026 [1] Group 2: Market Drivers - The S&P 500 index has risen approximately 12.3% this year, primarily due to investor optimism regarding AI, strong corporate profits, and expectations of declining interest rates [1] - Major tech companies like Nvidia, Microsoft, and Google are the main drivers of this upward trend, with AI-driven spending supporting record capital expenditure levels [1] - Deutsche Bank strategists emphasize that rapid investment and application of AI will continue to dominate market sentiment [1] Group 3: Investor Sentiment - HSBC analysts suggest that regardless of potential market bubbles, historical trends indicate that bullish markets can last for several years, recommending an expansion of AI-related trades [1] - Active investors' portfolio allocations are seen as a potential source for market uptrends [1]