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Business & Finance

Wells Fargo’s (WFC) Kwon Cuts US Stocks (SPY) View as AI Worries Mount in Tech

Bloomberg Markets Tuesday 15 September 2026, 14:23 UTC By Emily Forgash 1 min read
Key Points

Wells Fargo & Co.’s Ohsung Kwon cut his year-end target for the S&P 500 Index, saying a decade-long earnings growth cycle will eventually slow down while technology-sector risks are mounting.

Wells Fargo & Co.’s Ohsung Kwon cut his year-end target for the S&P 500 Index, saying a decade-long earnings growth cycle will eventually slow down while technology-sector risks are mounting.
Wells Fargo’s (ORG) AI Worries Mount (ORG) Tech Wells Fargo & (ORG) Co. (ORG) Ohsung Kwon (PERSON)
Originally published by Bloomberg Markets Read original →

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