The sell-off of Technology stocks is far from over? Goldman Sachs traders: The macro environment is starting to interfere with micro performance guidance, and AI investments are unlikely to yield significant results in the short term.
Goldman Sachs believes that the current decline in Technology Stocks is no longer solely due to over-allocations or high valuations, but rather is caused by multiple factors, such as the uncertainty of the DOGE trillion-dollar reduction plan, decreasing Consumer confidence, and the intensified impact of tariffs on cyclical Stocks. Therefore, although the fundamentals of Technology Stocks have not changed much in the past week or two, investors are shifting towards a more conservative style and are starting to consider the impact of macroeconomic growth slowing on the Earnings Reports season.
Nvidia GPUs Power Jeff Bezos-Backed Figure AI As It Competes With Elon Musk's Tesla In Humanoid Robotics
Express News | In Pre-Market Trading, Tech and Cryptocurrency-Related Stocks Move Lower, With Tesla and Palantir Falling 4%, and Nvidia and Strategy Declining 3%.
Intel's New CEO Refuses To 'Sugarcoat' Company's 2024 Performance, Vows To 'Align Spending With Market Demand'
Nvidia Executive 'Very Bullish' Edge AI Company Mimik, Cathie Wood Notes 'High Praise' For The Company She Backs
What kind of week will this be? Global stock markets are facing a "tariff storm," and U.S. Treasury bonds are back in focus.
Since this quarter, U.S. Treasury bonds have outperformed Stocks, with a cumulative increase of more than 2%, while the S&P 500 Index has declined by about 5%. Analysis suggests that the 'reciprocal tariff' policy may impact the stock of Industries such as Autos, chips, and Pharmaceuticals, while the outlook of economic downturn and declining stock market will continue to elevate U.S. Treasury bonds as a safe haven Assets.