Societe Generale: Bullish on the S&P 500 index reaching 8,000 points, recommending buying on dips
2026-08-04 20:53:29
According to CoinMeta, and as reported by A early issuer of in, Societe Generale of France stated that the strong profitability of American companies is spreading beyond large tech stocks and is supporting the stock market. 86% of companies have exceeded earnings expectations, with profit margins at historical highs, and the forecast for earnings per share in 2026 has been raised to $335. The bank noted that investment in artificial intelligence remains strong and predicted that the S&P 500 index will reach 8,000 points, urging investors to buy on dips.
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Source:Internet
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