AI COULD DRIVE S&P 500 TO 9000 — OR SPARK 'BIGGEST BUBBLE EVER' - EVERCORE Evercore ISI’s Julian Emanuel sees AI, fiscal stimulus, and a dovish Fed fueling a historic bull run, with the S&P 500 potentially hitting 9000 by end-2026. He raised his 2025 year-end target to 6250 and projects 7750 by 2026, calling near-term pullbacks “buying opportunities.” But Emanuel warns the boom could end in “the biggest bubble ever,” as stretched valuations, sticky inflation, or weak growth could drag the index as low as 5000. He argues AI’s impact could surpass the internet, but stresses risks remain.(*Walter Bloomberg)