Goldman Sachs Raises End-2026 S&P 500 Target to 8,000 Points

On May 27, according to monitoring by OnchainLens, a large crypto whale withdrew 873.29 BTC from the OKX exchange, valued at approximately $66.24 million. The wallet in question now holds a total of 881 BTC, with a current worth of roughly $66.73 million.

May 27 — Mark Thornton, a senior researcher at the Ludwig von Mises Institute, warns the U.S. market is trading at historically elevated valuations, fueled by prolonged low interest rates and monetary expansion that has further widened wealth inequality. Thornton notes both the Buffett Indicator and Cyclically Adjusted Price-to-Earnings (CAPE) Ratio are at extreme levels, with the CAPE only reaching comparable highs once in the past 150 years. He argues credit-driven growth has overwhelmingly benefited large financial institutions and asset owners, while ordinary consumers grapple with rising inflationary pressure. Turning to the Federal Reserve Chair nomination, Thornton criticized the pick of Kevin Warsh, linking the sharp drop in gold and silver prices to what he calls the "greatest malicious manipulation" of the precious metals market, and implying major banks had advance knowledge of the news. Additionally, Thornton points out U.S. national debt has topped 120% of GDP, a level

May 27 Update: Polymarket officially launched its upgraded CLOB v2 trading platform on April 28. However, data from Dune Analytics shows the platform saw a significant drop in both transaction count (Txn) and trading volume on the day of the upgrade. Daily executed orders have plummeted rapidly from their recent peak, and monthly trading volume has declined sharply after hitting a high in early 2026. That said, active wallet metrics indicate overall user activity on Polymarket remains at a solid, high level. Market participants attribute this recent dip to the system upgrade, related API transitions, and short-term liquidity adjustments. Meanwhile, rival betting exchange Kalshi has maintained steady growth over the same period. Its trading volume has stabilized and is trending upward, while transaction counts have been climbing consistently. Driven by U.S. political events, macroeconomic developments, and sports betting-related activity, Kalshi’s trading volume and user base have con

May 27 – International investment bank J.P. Morgan released a new research report this week, upgrading the stock rating of licensed digital asset financial service provider HashKey (Ticker: 3887.HK) from “Neutral” to “Overweight” while maintaining its target price of HK$5.00. After attending the recent J.P. Morgan China Summit and meeting HashKey’s management team, the bank said it now has a clearer view of the firm’s near-term business performance and mid-term profit roadmap. J.P. Morgan noted HashKey’s growth is more resilient than expected, and long-term structural tailwinds in the digital asset industry continue to support the company’s outlook. The report added that despite the recent slump in overall virtual asset trading activity, HashKey’s year-to-date (YTD) trading volume has risen year-over-year, fueled by its aggressive expansion in the Hong Kong market. On the financial front, J.P. Morgan projects HashKey’s gross margin will expand by roughly 10 percentage points in fisca

May 27 – According to a public analyst report, Micron Technology’s stock price received target price hikes from several international investment banks in May. Institutions including UBS and Melius set a $1,100 price target, while Bank of America and Deutsche Bank offered targets ranging from $950 to $1,000. The average May target price stood at $1,008 per share. This round of upward adjustments represents a sharp increase from analysts’ price targets in early April (which fell between $400 and $700), reflecting sustained market enthusiasm for AI storage demand and HBM (high-bandwidth memory) business growth expectations.

May 27. Asian stocks posted mixed results Wednesday amid growing market optimism over a potential U.S.-Iran peace deal, with South Korean equities leading the rally, particularly in the tech and semiconductor sectors. South Korean chip behemoth SK Hynix jumped more than 10%, crossing the $1 trillion market cap threshold. Samsung Electronics also advanced, following word of a labor deal that averted a major strike. Over in U.S. equities, the market has been on a solid upward run, with the S&P 500 and Nasdaq both notching fresh all-time highs. Micron Technology, for its part, rallied almost 20% in a single session, also topping $1 trillion in market value. The consensus is that the AI boom is broadening beyond GPUs to AI infrastructure segments like High Bandwidth Memory (HBM), fueling the semiconductor sector’s ongoing rally. That said, even though recent U.S. airstrikes targeting Iran have ratcheted up tensions, the market is still betting on a final U.S.-Iran agreement—pushin