Morgan Stanley chief investment officer Mike Wilson says the US is in a "rolling recovery" and argues that equity pullbacks can create entry points for long-term investors. He forecasts the S&P 500 could climb to 8,300 over the next 12 months, citing higher earnings expectations after the firm lifted its S&P 500 EPS estimate by about 5%. Wilson also notes the index is unlikely to rise in a straight line, so corrections may offer opportunities to add exposure.

In Q1 2026, Bill Ackman's Pershing Square Capital opened a major Microsoft (MSFT) position, buying 5,654,078 shares for $2.092 billion. Over the same period, the fund reduced exposure to Uber and Alphabet, and by March 31 it listed Brookfield (BN) and Amazon (AMZN) as its two biggest portfolio holdings.

On May 23, 2026, several strategists said elevated US long-term Treasury yields are approaching levels that have historically pressured stocks and other risk assets. The 30-year yield recently hit 5.19% and the 10-year reached 4.667%, while strategists warned that a further rise could weigh on equity valuations. At the time of writing, the 30-year was at 5.077% and the 10-year at 4.552%.

In Q4 2025, the Gates Foundation Trust reduced positions in Microsoft and Berkshire Hathaway, totaling $2,228,403,000 in sales. The filing shows 1,500,000 MSFT shares worth $1.04 billion were sold and 2,358,460 BRK-B shares worth $1.187 billion were cut, while other holdings were left unchanged.

JPMorgan Chase strategists led by Fabio Bassi lowered the bank's 2026 year-end S&P 500 target from 7,500 to 7,200, citing geopolitical risks and tighter oil flows through the Strait of Hormuz. The team said reduced shipping traffic and higher energy prices could weigh on U.S. profits and growth; at the time of writing the index stood at 6,591 while WTI spot traded at $95.36 per barrel.

Market strategist Tom Lee told CNBC that he expects the S&P 500 to climb to a fresh high around 7,300 and finish March in positive territory before sliding into a bear market later this year. He also argued that higher oil prices can be supportive for US equities because the country is a net exporter and often attracts capital when global growth concerns rise.

On March 13, 2026, Ed Yardeni of Yardeni Research said he now assigns a 35% probability to a sharp US stock market decline as the conflict in the Middle East continues and oil prices rise. He noted that investors are still buying dips but warned that past oil shocks have often preceded recessions and bear markets, while WTI crude trades near $92.22 and the S&P 500 sits at 6,775.79.

Grubhub will distribute $10.00 site credits, up to $5 million, to settle claims over delivery fees and menu prices in California. The alleged conduct covers January 24th, 2019 to January 12th, 2026, and customers who ordered via Grubhub or Seamless to a California address can file claims by May 12th, with a final approval hearing on April 29th.

A proposed $10,000,000 class action settlement arising from an August 2022 cyberattack on Nelnet would allow affected borrowers to claim up to $5,000 with documented out-of-pocket losses. The incident allegedly exposed data of 2,501,324 OSLA and Edfinancial customers. Claims and opt-out or objection are due March 5, with final approval hearing set for May 5.