J.P. Morgan boosted its S&P 500 target, reinforcing confidence in strong earnings growth.
Amazon announced up to $25 billion investment in Anthropic, signaling continued aggressive expansion in artificial intelligence.
Amazon shares gained 2.7%, reflecting investor enthusiasm for long-term AI innovation strategies.
Markets now focus on the Senate hearing for Federal Reserve nominee Kevin Warsh.
The outcome may influence monetary policy direction and leadership at the central bank.
Despite uncertainty, strong earnings performance continues to support investor sentiment.
Around 87.5% of reporting companies beat expectations, well above historical averages.
Analysts expect equities to reach new highs, driven by sustained earnings growth and technology sector strength.
