Goldman Sachs Partner: Signs of Bull Capitulation Emerging in U.S. Stocks
BlockBeats News, November 21, Goldman Sachs partner Tony Pasquariello believes that signs of capitulation among bulls have appeared in the US stock market, and he expects further sell-offs before the market stabilizes. Although Nvidia reported impressive, better-than-expected results and raised its guidance, the market seems to be entering a new phase of the artificial intelligence cycle, with investors beginning to question the sustainability of capital expenditures and future returns for hyperscale cloud service providers. (Golden Ten Data)
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