Artificial intelligence is exciting play into earnings: Wells Fargo

Artificial intelligence is exciting play into earnings: Wells Fargo

Wells Fargo Securities’ Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. “Outside of AI, I’m not really excited about anything,” Kwon, the firm’s chief equity strategist, told CNBC’s ” Fast Money ” on Monday. He expects demand for AI to be the chief reason why results will exceed Wall Street estimates. He contends…

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Five stocks to buy for the second half, according to Morgan Stanley

Five stocks to buy for the second half, according to Morgan Stanley

Morgan Stanley highlighted five stocks that have plenty of upside, according to the investment bank’s analysts. The firm says companies such as Chewy are compelling and their stocks have more room to run. The other overweight-rated names include: Ulta , NuBank, Chart Industries and Coupang. Chart Industries Morgan Stanley analyst Daniel Kutz is doubling down…

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