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Where has overseas AI trading reached? Goldman Sachs: Profit, not valuation, is driving the market, and platform-based companies in the future need to pay attention.
Goldman Sachs has categorized AI-related investments into four main stages and believes that AI trading has now entered the second stage, with the company's profit potential gradually becoming the main driver of the stock price increase. In the third stage, AI-driven revenue growth may be difficult to achieve in the short term, but platform stocks may stand out.
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EZ_money : i think retail is getting set up for a big thrown at us.
HuatEver : JPM and Wells Fargo’s earnings could be a positive sign for the months ahead. It feels like the market might finally be turning a corner. If these results are any indication, we could see more stability through the end of the year, possibly even setting the stage for a Santa rally as we move into the holiday season
Stock_Drift : It’s been a crazy and fun week @Stock_Drift HQ, with $Verb Technology (VERB.US)$ just exploding this afternoon post R/S and $MicroAlgo (MLGO.US)$ looking like it’s inside a pinball machine. Have a good and relaxing weekend, @Kevin Travers
102362254 : Wells Fargo and JPM earnings bring some good news but with mixed results. JPM beat expectations and raised its outlook, despite shrinking profit margins due to high interest rates. Wells Fargo also beat earnings but missed on revenue and expects lower profits from interest next year. While high rates help in some areas and hurt in others. The upcoming months, including the potential impacts of the U.S. presidential election, will be important in determining whether the positive trends can be sustained
HuatLady :
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