Tech Insider : Economy, Economy
Detroit 3 autoworkers went on strike Friday – and that could drag on fourth-quarter GDP growth, according to Goldman Sachs.
Detroit 3 autoworkers went on strike Friday – and that could drag on fourth-quarter GDP growth, according to Goldman Sachs.
Tech Insider : Economy
Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen
Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen participate in a meeting of the Financial Stability Oversight Council.
Tech Insider
  • The breakneck rally in AI stocks has prompted unflattering comparisons with the dot-com bubble of the late 1990s.
  • But Goldman Sachs argues there's no bubble in AI stocks, and suggests they have more room to run.
  • "We are still in the relatively early stages of a new technology cycle that is likely to lead to further outperformance," a strategist at the bank said.

A stunning surge in artificial intelligence-related tech stocks has been the top US stock-market story of the year, with the likes of Nvidia delivering triple-digit returns.

Tech Insider : Economy, Economy
Goldman Sachs
There's now just a 15% chance the US suffers a recession over the next 12 months, according to Goldman Sachs.