The post Long gamma looks attractive as momentum becomes the AI trade by another name appeared on BitcoinEthereumNews.com.
Momentum becomes the AI trade by another name To avoid confusion, this is my interpretation of Rich’s note and some of my own takes, not a copy-and-paste. Goldman Sachs one-delta desk head Rich Privorotsky framed the overnight price action as a sharp reversal of this year’s most crowded consensus trades. Markets did not simply sell off. They rotated away from the ideas that had become almost too easy to own. The AI complex stayed under pressure, but the broader market was not nearly as weak beneath the surface. The S&P ex-AI closed higher by roughly 0.5%, while the parts of the market most tied to the AI infrastructure boom were hit again. Memory fell around 6%, opticals lost about 5%, and the broader AI hardware chain remained heavy. That distinction matters. This was not a plain-vanilla equity risk-off session. It was a crowding event. Defensives, bond proxies, a
The post Costco (COST) Stock: Wall Street Maintains Confidence Despite June Sales Slowdown appeared on BitcoinEthereumNews.com.
Key Takeaways Evercore ISI maintained its Outperform stance with a $1,100 price objective following Costco’s June sales figures Comparable store sales climbed 7.6% domestically and 7.0% worldwide, with gas prices and currency fluctuations stripped out Goldman Sachs continued its Buy recommendation at $1,159; J.P. Morgan sustained its Buy designation at $1,100 Domestic foot traffic increased 3.2%, marking the seventh month in a row with two-year trends exceeding 6% More challenging year-over-year metrics anticipated for July and August, with traffic comparisons becoming tougher by 100–150 basis points Costco (COST) stock continues to receive support from Wall Street analysts following the warehouse club’s June sales disclosure, with several prominent firms reaffirming their positive outlooks and target prices. Costco Wholesale Corporation, COST Evercore ISI con
Comfort Systems USA's growth highlights the critical role of infrastructure in supporting AI advancements, potentially reshaping industry dynamics.
The post Goldman Sachs initiates Comfort Systems USA at Buy with $2,159 price target on AI infrastructure boom appeared first on Crypto Briefing.
The post Advanced Micro Devices (AMD) Stock Rallies on Fresh Analyst Coverage and Upgraded Price Targets appeared on BitcoinEthereumNews.com.
Key Highlights Advanced Micro Devices gained 1.9% during pre-market hours following William Blair’s new Market Perform rating, with projections showing revenue could surge from $52B in 2026 to surpass $104B by 2028. Goldman Sachs analyst James Schneider increased his AMD price target to $640, maintaining bullish momentum throughout the week. Shares opened Thursday at $517.41, trading within a 52-week band of $137.59 to $584.73. First-quarter results exceeded forecasts with EPS of $1.37 versus $1.29 consensus, while revenue reached $10.25B, marking a 37.8% annual increase. The chipmaker confirmed its Q2 2026 earnings announcement for August 4, providing traders with an upcoming focal point. Shares of Advanced Micro Devices (AMD) advanced 1.9% before Thursday’s opening bell, reaching $517.41 as new analyst coverage and an upgraded price objective f
The post Goldman Sachs wins $70B in asset management for Verizon, Lockheed Martin appeared on BitcoinEthereumNews.com.
Marc Nachmann, Goldman Sachs global head of asset and wealth management. CNBC Goldman Sachs said Thursday it won deals to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin, one of the larger recent announcements in the fast-growing market for outsourced corporate investing. The mandates include about $30 billion in pension assets for Verizon and Lockheed Martin and $40 billion in Verizon defined-contribution retirement assets, which are typically 401(k)s, according to Goldman. The moves underscore how some of America’s largest employers are increasingly handing responsibility for managing retirement assets to outside firms like Goldman as portfolios become more complex and require expertise across public and private markets. Competition in the multitrillion-dollar market for retirement assets is fierce among managers incl
Strategy's rise highlights Bitcoin's growing influence in traditional markets, challenging established financial norms and increasing market volatility.
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The post Goldman Roadmap: Equities Enter the Earnings Test as AI Capex Rewrites Market Leadership appeared on BitcoinEthereumNews.com.
Goldman roadmap Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer has put a proper roadmap under what has otherwise looked like a deceptively simple equity rally. The easy version is that global stocks had a powerful first half. The more useful version is that the market has changed engines. The first leg was helped by valuation expansion, easing fears and the reflexive bid that follows any drop in macro anxiety. The next leg is harder. It is about earnings, capex, sector transmission, supply, buybacks, M&A and whether the AI infrastructure boom can keep feeding the broader equity machine without overheating the funding channel. That is the core message in Goldman’s July 2026 Corporate Macroscope: A Macro Guide to the Micro World. The report argues that global equities delivered an exceptional first half despite geopolitical risk, oil volat
Goldman's AMD upgrade highlights AI's transformative impact on semiconductor valuations, signaling broader tech investment shifts and market dynamics.
The post Goldman Sachs raises AMD price target to $640 from $450, citing AI momentum appeared first on Crypto Briefing.
The semiconductor selloff highlights the volatility in AI investments, prompting a shift towards software, impacting broader tech and crypto markets.
The post Semiconductor stocks stumble as investors question the AI trade appeared first on Crypto Briefing.
