Jason Draho of UBS Global Wealth Management forecasts 11% EPS growth for the S&P 500 this year and has a price target of 7,500 for December.

Jason Draho of UBS Global Wealth Management notes that while capital expenditures for AI are strong, investment in other areas like residential and non-residential construction is relatively weak.

Jason Draho of UBS Global Wealth Management states that markets are currently assuming the oil flow situation in the Strait of Hormuz will improve in the next one to two months.