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Societe Generale stated that the strong profitability of American companies is spreading outward from large technology stocks and supporting the stock market. 86% of companies have exceeded expectations and their profit margins are at historical highs. The 2026 earnings per share forecast has been raised to $335. Societe Generale stated that investment in artificial intelligence remains strong and expects the S&P 500 index to reach 8000 points, urging investors to buy on dips.