Oracle "stimulates," US AI stocks soar
Goldman Sachs' artificial intelligence stock basket rose by 10%, marking the second-best single-day performance in the past five years. Goldman Sachs' trading department stated that 90% of orders in the TMT sector are buy orders, with sell orders being rare. AAPL, AMZN, and META are the main sources of funds today. Goldman Sachs TMT expert Pete Bartlett pointed out that the frequency and magnitude of positive AI updates are accelerating, which may trigger a large-scale chase in the short term
Goldman Sachs' artificial intelligence leading stock basket rose 10%, marking the second-best single-day performance in the past five years.
Goldman Sachs trading department:
In the TMT sector, 90% of our orders are buy orders, with very few sell orders except for AMZN and media stocks.
AAPL -3%, AMZN -3%, and META -1% are the obvious sources of funds today.
Goldman Sachs' TMT expert Pete Bartlett:
"The frequency and magnitude of positive AI updates are accelerating (this is the strongest period I can remember in recent times), which seems likely to trigger a massive chase in the short term."
