Lates News

Goldman Sachs partner Tony Pasqualolo believes that the U.S. stock market has shown signs of a bear market, and further selling is expected before the market stabilizes. He pointed out that although Nvidia announced impressive earnings results and raised guidance, the market seems to be entering a new phase of the artificial intelligence cycle, with investors beginning to have doubts about the sustainability of capital expenditures and future returns for super large-scale cloud service providers.