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The Latest Breaking News from Ohsung Kwon

Why Wells Fargo Is Warning That Surging AI Token Costs Is a Death Knell for Hyperscaler Stocks Like Meta and Microsoft

As AI token costs surge, Wells Fargo warns that hyperscalers like Meta and Microsoft could face growing pressure on the very technology driving their explosive growth.

AI is a ‘euphoric’ bubble and you should buy into it, Wells Fargo analyst urges

AI is a ‘euphoric’ bubble and you should buy into it, Wells Fargo analyst urges

"You can't own anything but AI—that's how a bubble forms. We expect limited downside," Ohsung Kwon says.

Gold Price Could Reach $8,000 By 2027, Says Wells Fargo — Here's The Key Driver

Gold Price Could Reach $8,000 By 2027, Says Wells Fargo — Here's The Key Driver

Wells Fargo forecasts gold prices could reach $8,000 per ounce by 2027 as we are currently in the 4th dollar debasement cycle.

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Stocks plunge in global selloff, but some on Wall Street are looking for assets that respond well to war

Wells Fargo’s Ohsung Kwon argued that traders should buy the dip.

There’s an incoming $150 billion ‘YOLO’ trade that will boost stocks by the end of March, Wells Fargo says

The S&P 500 “rose 100% of the time, by 13% on average over the next six months” after a buy signal like this, analysts note.

'American Exceptionalism Trade' Gains Steam As Dollar, S&P 500 Surge In Lockstep: Bank Of America

American exceptionalism trade makes a comeback as U.S. equities outperform international stocks and dollar appreciates. Jobs report could be next catalyst.

Stock Market Today: Tech Leads Stocks to Broad-Based Gains

Risk appetite came back with a vengeance as oil and bonds took a breather.

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Fed Chair Powell’s Jackson Hole speech just got a lot less predictable

Fed Chair Powell’s Jackson Hole speech just got a lot less predictable

The economic data is difficult to parse, and that means Powell’s speech has become correspondingly more difficult to foretell.

Analyst Cuts S&P 500 Earnings Estimate, Says Recession Risk Rising

Analyst Cuts S&P 500 Earnings Estimate, Says Recession Risk Rising

The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a shaky start to 2022, and Bank of America analyst Ohsung Kwon cut his 2022 S&P 500 EPS forecast on Monday heading into first-quarter earnings season.

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