The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep

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Sentiment toward stocks linked to artificial intelligence has become unequivocally negative in recent weeks. According to a Goldman Sachs strategist, their derating and the need for short sellers to close out positions create a cleaner investment landscape. The outcome of the midterm elections, with a Democratic sweep, could accelerate capital expenditure rather than deter it. Growth remains resilient, in his view, improving the outlook for the sector.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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