‘Outside of AI, I’m not really excited about anything,’ Wells Fargo Chief Equity Strategist Ohsung Kwon says

‘Outside of AI, I’m not really excited about anything,’ Wells Fargo Chief Equity Strategist Ohsung Kwon says

The research firm whose AI paper knocked the whole stock market is out with another big call
Finance

The research firm whose AI paper knocked the whole stock market is out with another big call

Key Points Citrini Research, the firm that issued a market-shaking bearish call on artificial intelligence earlier this year, is now warning that an oil-driven slowdown could drag down stocks. “If the war doesn’t end, equities will go lower,” Citrini founder James van Geelen wrote in a new Substack post. Even if the conflict in the […]

Read More
Former SEC chair Jay Clayton says regulators would scrutinize trading ahead of Trump post
Finance

Former SEC chair Jay Clayton says regulators would scrutinize trading ahead of Trump post

Key Points Volume in S&P 500 and oil futures spiked on Monday roughly 15 minutes before President Donald Trump said the U.S. and Iran held talks over the weekend and that strikes on Iranian infrastructure would be halted. “Any move like that in advance of any announcement, the regulators are going to look at,” Jay […]

Read More
Stocks making the biggest moves premarket: Chewy, EchoStar, Arm, KB Home & more
Finance

Stocks making the biggest moves premarket: Chewy, EchoStar, Arm, KB Home & more

Check out the companies making the biggest moves premarket: CF Industries — The fertilizer manufacturer and distributor fell nearly 4% as reports on negotiations surrounding the U.S.-Iran war signaled the commodity’s shortage could end. Fertilizer prices have soared since the closure of the Strait of Hormuz, sending shares of CF Industries up more than 27% […]

Read More