6/22/2026
By Charles Payne, CEO & Principal Analyst

Broad Market

Goldman Sachs sees the S&P 500 at 8,000 by the end of the year, and at 8,300 in 12 months. The move would be driven by earnings, which the firm expects to rise from $275 in 2025 to $385 in 2027.

The irony for all of us who cheer on the rally, in part, on earnings, is that negative-earnings companies are beating positive-earnings companies.

Micron Technology (MU) Earnings That Could Make or Break Tech Rally

Last week, six Wall Street firms raised their share price targets for Micron Technology (MU), with some increasing them by 200% from the previous day. Earnings estimates are climbing each day, and I’m confident management is going to blow everyone’s mind when they post results this week.

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Charles Payne
Wall Street Strategies