Svmuu News Goldman Sachs Peter Oppenheimer, the group’s chief global equity strategist, said that global stock markets are expected to continue the strong rally seen in the second quarter, with earnings growth at technology companies serving as a key driver. “As long as earnings performance remains strong and the scope of growth broadens, I believe the stock market will continue to rise in the second half of the year,”
Oppenheimer said, “The gains may not be as substantial as in the first half, but I believe the rally will be broad-based.” He noted that earnings growth in the tech sector will continue, even as investor focus shifts from data center and cloud computing platform operators to semiconductor and equipment manufacturers underpinning the artificial intelligence (AI) boom. (Jin Shi)