Wells Fargo: AI bull market is not a bubble, it’s still in its early stages
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最新报道：According to a report from Bijie.com, Wells Fargo's chief equity strategist, Ohsung Kwon, remains bullish on AI-related stocks and expects capital expenditures to remain strong. He stated, "I believe this is a bull market driven by AI, and this trend is expected to continue." "First, this is not a bubble," Kwon emphasized. "Since the end of the tech bubble, the Nasdaq's excess returns have been driven by its superior fundamentals compared to the S&P 500, and this trend is expected to continue. Second, we are still in the early stages of the AI investment cycle... As long as the stock market continues to provide positive feedback on corporate capital expenditure prospects and growth prospects, this rally will continue."
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