Citi(US:C) Ge Long Hui A P P·2025-12-15 13:02Core Viewpoint - Citigroup sets a target of 7,700 points for the S&P 500 index by the end of 2026, citing strong corporate earnings and ongoing benefits from artificial intelligence investments [1] Group 1: Market Predictions - The firm anticipates that infrastructure development for artificial intelligence will be a key theme in 2026, aligning with the views of Wall Street peers [1] - The target implies a 12.7% increase from the previous closing price of 6,827.41 points [1] Group 2: Focus Shift - Citigroup's strategists indicate that while artificial intelligence will remain a focal point, the market's attention is expected to shift from companies providing AI technology to those adopting this emerging technology [1] - The development of artificial intelligence is likely to follow a "winner-takes-all, loser-exits" model [1]