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AI TRENDS | Wells Fargo Advisors Notes AI and IT Up About 37% Since May 29th, Outpacing S&P 500

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2026-06-15 13:15:50
Wells Fargo Advisors said AI and IT rose around 37% since May 29th, compared with 17% for the S&P 500. According to NS3.AI, the firm said Financials, Industrials, and Utilities may offer more attractive valuations.

Wells Fargo Advisors also said large IPOs this year could add market choppiness in the second half.
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