According to CoinMeta, as reported by an early issuance of in, Wells Fargo and JPMorgan are cautious about the future of the U.S. stock market, mainly concerned about the sustainability of the AI investment boom and the uncertainties brought about by the mid-term elections. Wells Fargo's chief equity strategist, the Ohsung Kwon team, expects that the AI capital expenditure cycle will enter its later stages in 2027, with growth rates peaking in the next quarter. Federal Reserve Chairman Kevin Warsh made hawkish remarks, fueling market bets on interest rate hikes this year. Wells Fargo analysts predict that the trend of suspending data center projects will intensify, and the approaching mid-term elections may lead to more project suspensions in the future.