Goldman Sachs Partner: Signs of Bulls Collapse in US Stocks
AI Summary1 min read
TL;DR
Goldman Sachs partner Tony Pasqualelo sees signs of bullish collapse in US stocks, expecting more selling before stability. Despite Nvidia's strong results, investors doubt AI cycle sustainability and cloud provider returns.
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Goldman SachsUS stocksbullish collapseNvidiaartificial intelligence
According to Mars Finance, on November 21st, Goldman Sachs partner Tony Pasqualelo believes that the US stock market has shown signs of bullish disarmament, and further selling is expected before the market stabilizes. Although Nvidia announced impressive better-than-expected results and raised its guidance, the market seems to be entering a new phase of the artificial intelligence cycle, with investors beginning to question the sustainability of capital expenditures and future returns for hyperscale cloud service providers. (Jinshi)