There’s too much AI pessimism,” Mourad wrote. “AI (baskets) are cheap to year-to-date earnings trends, they may require fresh bad news to go down further, which we think is unlikely.” ...
Artificial intelligence-related stocks have taken a beating recently, but with lower interest rates on the way and fundamentals remaining strong, GoldmanSachs Group Inc.’s trading desk thinks ...
resulting in a $5/bbl fall in the marginal incentive price, assuming a 25% productivity gain observed for early AI adopters," GoldmanSachs said in a note. Goldman expects a modest potential ...