11AM Hour: Goldman Sachs Chief U.S. Equity Strategist, Midterm Elections Impact on the Market & Micron to $3,000? 10/8/26

Goldman sees one more Fed hike then a pause driving the S&P to 8,700, while Micron's six-times earnings multiple draws a $3,000 bull case.

• Goldman's 8,700 target: Ben Snider sees S&P 500 at 8,700 in 12 months, expects one more Fed hike in December then a pause, and says ~half of S&P earnings growth is now AI-driven.
• Micron to $3,000: D.A. Davidson's Gil Luria argues Micron trades at just 6x earnings versus 40x+ for AMD/Intel despite memory becoming non-fungible, five-year-contract AI infrastructure; buyback restrictions lift December 9.

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