Goldman Sachs ups S&P 500 target to 5,200, with heavy lifting from Big Tech
Citing expectations for stronger economic growth and profits for Big Tech, Goldman joins some of Wall Street’s biggest bulls with an S&P 500 forecast of 5,200.
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Citing expectations for stronger economic growth and profits for Big Tech, Goldman joins some of Wall Street’s biggest bulls with an S&P 500 forecast of 5,200.
Semiconductor companies exposed to the memory market are best-placed to profit on the recovery of the global chip market
Wall Street is growing increasingly uneasy about an options-driven momentum trade that has helped push the S&P 500 to record highs.
The market is closed for Presidents Day on Monday. Then, Nvidia earnings, FOMC minutes, February Purchasing Managers' Indexes, and more.
The chip maker’s role in the artificial-intelligence boom has made Nvidia a key driver of stock index performance. But its rapid growth raises the stakes for...