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However, other analysts and some top investment banks on Wall Street remain bullish about next year, believing that there's still more growth ahead for the S&P 500. Here's a look at just how high they think the index -- currently around 6,850 -- might go in 2026.
Oracle's earnings showed mixed results, leading to an 11% drop. Broadcom's strong earnings overshadowed by warnings of margin pressures.
Microsoft (NASDAQ: MSFT) has delivered solid returns in 2025, but shares remain below their 52-week high of $553.50. The stock currently trades around $479. Despite the pullback, fundamentals remain robust.
Wall Street falls as AI stocks face pressure; Broadcom, Oracle news shake tech sector. Get the latest market update and ETF insights.
Wall Street got the rate cut it wanted. But with the Federal Reserve set to take a more cautious approach to trimming interest rates in 2026, investors are now left to wrestle with other concerns that had been put on the back burner while Fed rate cuts were top of mind.
Rivian impressed Wall Street with its plans for AI and automation, but significant challenges involving demand and capital remain for the EV maker.