Goldman Sachs trading department: It is currently a good time to buy AI stocks on dips.
Goldman Sachs' trading department believes that it is currently a good time to buy AI-related stocks when the interest rates are low, as it will benefit IT projects and reduce the uncertainty of economic policies after the US election, and AI products will demonstrate tangible progress at the upcoming conference. Goldman Sachs' Broad AI basket includes Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Oracle.
Sector Update: Tech
NVIDIA(NVDA.US) Officer Jensen Huang Sells US$28.55 Million in Common Stock
$NVIDIA(NVDA.US)$ Officer HUANG JEN HSUN sold 240K shares of common stock on Sep 12, 13, 2024 at an average price of $118.9663 for a total value of $28.55 million.Source: Announcement What is
Limited Upside As Investors Await First Fed Cut: Here's My Most Likely Scenario For QQQ
Preview of US stocks | August retail sales data exceeds expectations, three major futures indices slightly rise; Bullish news frequently! Intel pre-market up nearly 7%.
Microsoft is giving out "red envelopes": dividend increase of 10%, planning to repurchase up to 60 billion US dollars; "New Fed Communication Agency" reiterated uncertainty: the magnitude of the first interest rate cut is still suspenseful.
SES AI Initiates Material Discovery Project Using Crusoe's Cloud Platform