Analysts expect AI to keep driving the market, but we're seeing a rotation into other sectors too. Industrials, Materials, and Energy are all up over 5.5% in the last two weeks. The small-cap Russell 2000 has actually risen 8% since the start of the year, outperforming the S&P 500. Oppenheimer is calling for the S&P to hit 8,100, viewing this as a diversification play rather than a tech exit. On the earnings side, banks like Goldman and Morgan Stanley had strong years. TSMC results pushed chip stocks higher, with Micron and ASML up at least 25% year-to-date. Big Tech performance is mixed so far in 2026. Alphabet and Amazon are up, but Apple, Microsoft, and Tesla have dropped. Investors seem cautious about software stocks and are waiting to see returns on AI spending.