Bank of America research indicates that as the Q2 earnings season draws to a close, nearly 90% of S&P 500 companies have reported results, with approximately 80% achieving year-over-year earnings per share (EPS) growth, placing the quarter's performance in the 94th percentile. AI-related stocks saw a median EPS growth of 28%, compared to just 12% for non-AI-related stocks during the same period, highlighting AI's central role in driving market growth. Furthermore, JPMorgan Chase has raised its year-end target for the S&P 500 to 8,000 points, anticipating an approximate 3% increase from last Friday's closing price.