Why the Biggest Winner of the AI Infrastructure Boom Isn't Who Wall Street Thinks Dell Technologies is emerging as a major beneficiary of the artificial intelligence infrastructure boom, despite not being the most obvious choice for investors. The company’s AI servers are in high demand, allowing it to capture a significant share of the growing market. Analysts and industry reports highlight Dell’s strong position, suggesting the company is well-positioned for continued growth in the AI sector. The AI infrastructure boom shows no signs of slowing, with Goldman Sachs projecting that global spending on AI-related infrastructure could rise from $765 billion in 2026 to $1.6 trillion by 2031. While companies like Nvidia and Broadcom dominate discussions about AI chip design, and neocloud providers such as CoreWeave and Nebius focus on data center construction, Dell’s role as a provider of AI-optimized servers is gaining traction. Dell’s AI servers are designed to run AI workloads efficiently in data centers, integrating AI accelerator chips, storage, networking, and cooling solutions. This makes them essential for hyperscalers and AI firms looking to scale their operations. The company’s AI revenue surged by over 400% in the fourth quarter of fiscal 2026, which ended on January 30, 2026. Dell expects to generate $50 billion in AI revenue for the current fiscal year, a 103% increase from the previous year. The demand for Dell’s AI servers is evident in the company’s order backlog. In fiscal Q4, Dell booked $34.1 billion in new AI orders, adding to an existing backlog of $43 billion at the end of the previous fiscal year.#hyperscalers #goldman_sachs #dell_technologies #ai_servers #ai_infrastructure_boom
Prediction Markets Explained: A New Frontier for Crypto Traders Prediction markets operate by allowing participants to trade shares based on the likelihood of specific future events. Unlike traditional asset trading, these platforms focus on outcomes rather than price movements. For instance, traders might bet on whether Bitcoin will surpass $90,000 by a certain date or whether a geopolitical conflict will conclude. The price of each outcome reflects collective probability estimates, with higher prices indicating greater confidence in a particular result. This mechanism transforms subjective opinions into quantifiable bets, offering a unique blend of analysis and speculation. The growth of prediction markets has been exponential, particularly within the cryptocurrency space. By April 2026, platforms like Polymarket had processed over $7 billion in trading volume within a single month, surpassing their entire 2023 annual volume. This surge was fueled by high-profile events such as the 2024 U.S. presidential election, which generated over $3.3 billion in activity. Beyond politics, markets expanded to cover geopolitical tensions, economic indicators, sports outcomes, and cultural events. A single market predicting a U.S.-Iran conflict attracted $73 million in volume, highlighting the sector’s rapid diversification. Institutions have also recognized the value of prediction markets. Google Finance began integrating Polymarket odds into search results, while Goldman Sachs and Intercontinental Exchange (ICE) allocated significant resources to the space. ICE committed up to $2 billion in Polymarket at an $8 billion valuation, signaling institutional confidence.#polymarket #intercontinental_exchange #goldman_sachs #google_finance #u_s_presidential_election
Flipkart Eyes $2-2.5 Bn Pre-IPO Round: Report Flipkart, the Indian e-commerce giant, is reportedly exploring a significant pre-IPO funding round ranging between $2 billion and $2.5 billion, according to recent reports. The company has engaged in discussions with multiple investment bankers, including Goldman Sachs, JP Morgan, Bank of America, and Citigroup in the United States, as well as Indian banks such as Axis Bank, JM Financial, and Kotak Mahindra Bank. These meetings aim to gauge investor interest and prepare for the upcoming public offering. While the valuation for the round remains undetermined, the pre-IPO funding could serve as a strategic move to allow existing investors to exit before the IPO, enhance Walmart’s paper gains, and provide insights into investor appetite for the public listing, which is expected within the next 12 to 18 months. The potential fundraising effort is part of Flipkart’s broader preparations for its IPO, which follows a recent reverse flip to India from Singapore. This move, completed last month, marks a critical step in the company’s journey toward going public. Flipkart’s leadership, including CEO Kalyan Krishnamurthy, has been actively engaging with global and domestic financial institutions to finalize the details of the round. Krishnamurthy met with bankers across the U.S., Singapore, and London, while also discussing the raise with U.S.-based investment management firm Capital Group. Other institutional investors have expressed interest in participating, though the final decision on the funding round will rest with Walmart, which holds an 80% stake in Flipkart. Walmart, which invested $16 billion to acquire Flipkart in 2018, may be cautious about diluting its stake ahead of the IPO.#flipkart #bank_of_america #jp_morgan #goldman_sachs #citigroup
Stock Market Rebounds on Iran Peace Talks and Hormuz Blockade US stocks edged higher on Monday as optimism grew over potential peace talks with Iran, despite President Trump’s threats to enforce a US blockade in the Strait of Hormuz. The Dow Jones Industrial Average rose 0.1%, while the S&P 500 gained 0.4% and the Nasdaq Composite surged 0.7%, driven by software stocks and renewed hopes for a Middle East ceasefire. Oil prices dipped slightly below $100 a barrel, easing concerns about inflation and global growth risks. The market’s rebound followed Trump’s announcement that Iran had contacted his administration to discuss a deal. The president had earlier ordered a blockade of the Strait of Hormuz, threatening to destroy Iranian ships obstructing the critical waterway. Iran vowed to retaliate against Persian Gulf ports if its energy infrastructure was targeted. The geopolitical tensions, which had previously pressured oil prices and global markets, appeared to ease as investors weighed the possibility of deescalation. Goldman Sachs (GS) opened earnings season with strong profits, though its shares fell 2% after the report. The bank’s second-highest quarterly profit ever underscored Wall Street’s resilience, but analysts noted that broader market sentiment remained cautious. First-quarter results from major banks like Bank of America (BAC), JPMorgan Chase (JPM), and Morgan Stanley (MS) were expected to follow, with earnings growth projections at 12.6% for the S&P 500. Software stocks led the Nasdaq’s gains, with the iShares software ETF (IGV) surging to its best performance in nearly a year. Companies like Microsoft (MSFT), Oracle (ORCL), and Salesforce (CRM) drove the rally, reversing earlier bearish signals.#us #iran #strait_of_hormuz #delta_air_lines #goldman_sachs
Why Surging ASX 200 Copper Stocks Like Sandfire and BHP Shares Are ‘Vulnerable’ The S&P/ASX 200 Index (ASX: XJO) has seen a significant surge in copper-related stocks, with the broader index rising 2.6% in afternoon trade on Wednesday. This uptick follows news of a two-week ceasefire in the Iran war, which has eased concerns about global growth and boosted expectations for industrial metal demand, particularly copper. Copper miners have outperformed, as investors anticipate reduced geopolitical tensions could stabilize supply chains and support prices. Copper prices have dropped nearly 8% since the war began in late February, settling at US$12,313 per tonne. However, this level remains 41% higher than it was at the same time last year. The recent ceasefire has reignited optimism, prompting investors to reassess the prospects for copper stocks. Three leading ASX 200 copper stocks—BHP Group Ltd (ASX: BHP), Sandfire Resources Ltd (ASX: SFR), and Capstone Copper Corp (ASX: CSC)—have seen sharp gains today. BHP shares are up 3.6% to $54.84, with a 55.0% increase over the past year. Sandfire’s shares have surged 10.5% to $18.26, reflecting a 108.3% rise in 12 months. Capstone Copper’s shares are up 9.2% to $12.46, marking an 85.4% gain since last year. While Sandfire and Capstone are primarily focused on copper production, BHP’s inclusion on the list highlights the metal’s growing importance to the mining giant. BHP’s half-year results (H1 FY 2026) revealed that copper contributed over half of the company’s earnings, surpassing iron ore for the first time. For the full 2026 financial year, BHP expects to produce between 1.9 million and 2.0 million tonnes of copper. Despite the positive momentum, analysts caution that the current rally may be overextended.#goldman_sachs #sp_asx_200_index #bhp_group_ltd #sandfire_resources_ltd #capstone_copper_corp
Long-Term Investment Opportunities in Marico, Adani Ports, and Other Stocks: Brokerages Highlight 13-28% Returns In 2026, brokerages have expressed strong confidence in several stocks, citing robust growth potential and strong demand in key sectors. Companies like Marico, Cera Sanitaryware, Avenue Supermarts (DMart), and Adani Ports are highlighted as attractive long-term investment options, with potential returns ranging from 13% to 28%. These stocks are positioned to benefit from sustained growth in consumption and infrastructure sectors, making them appealing for investors seeking long-term gains. The analysis underscores that these companies operate in sectors with strong fundamentals and expanding market opportunities. For instance, Marico, a leading player in the consumer goods sector, is recommended by Goldman Sachs with a target price of ₹860, currently trading at ₹761. This suggests a potential 13% upside, driven by its strong brand portfolio and consistent demand. Similarly, Cera Sanitaryware, a key player in the sanitaryware segment, has been upgraded to a "Buy" rating by Motilal Oswal, with a target price of ₹5,990. At its current price of ₹4,677, the stock could see a 28% increase, reflecting optimism about its growth prospects. Avenue Supermarts, operating under the DMart brand, is also recommended by Motilal Oswal with a target price of ₹5,000. The stock currently trades at ₹4,362, implying a potential 15% rise. The retail sector’s expansion and DMart’s strong market position are cited as key drivers for this growth. Meanwhile, Adani Ports and SEZ, a major player in the infrastructure and logistics space, is recommended by JM Financial with a target price of ₹1,725. At its current price of ₹1,377, the stock could rise by 25%, supported by the growth of India’s infrastructure and logistics sectors.#motilal_oswal #jm_financial #adani_ports #goldman_sachs #marico
Gold Price Crash: Goldman Sachs Predicts $5,400 Surge Amid Central Bank Buying Spree The article highlights Goldman Sachs' forecast that gold prices will surge to $5,400 per ounce by the end of 2026, despite recent volatility. The bank’s analysts argue that central banks’ continued purchases of gold and anticipated U.S. interest rate cuts will drive prices higher. However, the report also warns of short-term risks, including a potential drop to $3,800 if energy supply crises or geopolitical tensions escalate. Goldman Sachs’ analysts, Lee Thomas and Dan Struwyen, emphasize two primary factors fueling the expected rise in gold prices. First, central banks worldwide have been consistently buying gold to stabilize their currencies and hedge against inflation. This trend is expected to continue as governments seek to diversify their reserves. Second, the anticipated reduction in U.S. interest rates—two cuts this year—will make gold more attractive to investors, as lower rates reduce the opportunity cost of holding non-yielding assets like gold. The report also addresses the recent decline in gold prices, noting a 13% drop since the onset of global conflicts. Analysts suggest this dip is overreacted to, as historical data shows gold often rises during periods of economic uncertainty. The bank advises investors to view the current correction as an opportunity to buy, citing gold’s role as a safe-haven asset during financial instability. A key warning in the report is the potential for short-term volatility. If energy supply disruptions worsen or geopolitical tensions intensify, gold prices could temporarily fall to $3,800, equivalent to approximately ₹84,000 per 10 grams in Indian rupees. However, the analysts stress that these dips are temporary and do not negate the long-term bullish outlook.#central_banks #gold_price #goldman_sachs #lee_thomas #dan_struwyen
Stocks Making the Biggest Moves Premarket: Nike, RH, Sandisk & More Nike’s shares fell 10% before the market opened after the company reported North American revenue of $5.03 billion, slightly below the $5.04 billion expected by analysts. However, Nike’s fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue exceeded the projected 28 cents per share and $11.24 billion in revenue. The stock faced additional pressure from downgrades by JPMorgan, Bank of America, and Goldman Sachs. Dave & Buster’s Entertainment saw its shares rise 7% after management signaled optimism for 2026, citing anticipated increases in same-store sales, revenue, and adjusted earnings before interest, taxes, depreciation, and amortization. The company posted a fourth-quarter adjusted loss of 35 cents per share and revenue of $529.6 million, missing analyst expectations of a 39-cent profit and $555.9 million in revenue. PVH, the clothing company behind Tommy Hilfiger and Calvin Klein, added 1% following its fourth-quarter results. The company reported adjusted earnings of $3.82 per share and revenue of $2.51 billion, surpassing the $3.31 per share and $2.43 billion in revenue forecasted by analysts. RH, the home furnishings retailer, plunged 18% as its full-year revenue growth forecast of 4% to 8% fell short of the 8.8% expected by investors. The company’s fourth-quarter adjusted earnings came in at $1.53 per share, while revenue totaled $843 million. Analysts had anticipated earnings of $2.22 per share and revenue of $873 million. NCino’s shares surged 22% after the cloud-based software company beat first-quarter revenue expectations. The company guided for revenue of $154.5 million to $156.4 million, exceeding the FactSet consensus of $152.7 million.#nike #bank_of_america #jpmorgan #goldman_sachs #dave_and_buster_s_entertainment
Microsoft vs. Micron – Goldman Sachs Favors Microsoft in AI Investment Both Microsoft and Micron have seen their stock prices retreat from recent highs, but Goldman Sachs analysts have expressed a clear preference for one over the other as a more attractive buying opportunity. The two companies remain central to the AI investment narrative, yet their current valuations and market dynamics have led Goldman to highlight Microsoft as the stronger contender. Microsoft’s shares are trading about 31% below their October peak, while Micron’s recent pullback is more pronounced, with the memory chipmaker losing roughly 15% after hitting a new high earlier this month. Despite these near-term declines, Goldman argues that the broader AI investment thesis for both companies remains intact. The firm’s analysis focuses on which stock offers a better entry point for investors willing to capitalize on the current weakness. Goldman’s case for Microsoft centers on its early leadership in the AI space, driven by its partnership with OpenAI. Microsoft integrated OpenAI’s models into its Azure cloud platform and productivity tools like Microsoft 365 Copilot, providing users with seamless access to AI features. However, the competitive landscape has become more crowded, with rivals like Alphabet’s Google Gemini and Anthropic’s Claude gaining traction. Microsoft’s stock also faced pressure after its December earnings report, which raised concerns about capital expenditures and Azure’s revenue growth. Despite these challenges, Goldman analyst Gabriela Borges maintains a Buy rating on Microsoft, with a $600 price target—representing about 60% upside from current levels. She argues that Microsoft’s focus on computing investments for internal research and development positions it strategically across multiple technology layers.#microsoft #alphabet #micron #openai #goldman_sachs
Goldman Sachs: Crypto and Bitcoin Might Have Bottomed Goldman Sachs analysts suggest that cryptocurrency and Bitcoin prices may have reached their lowest point after a prolonged period of decline. In a recent note, analyst James Yaro highlighted that crypto-related equities have fallen 46% since October 2025 but have since shown “volatile but flattish” performance, making their valuations more attractive. The report notes that this stability is driven by reduced selling pressure from exchange-traded funds (ETFs), long-term holders, and geopolitical developments, such as U.S.–Iran talks. Top recommendations from Goldman include Robinhood, Figure Technologies, and Coinbase, all rated “buy.” Figure, which operates a blockchain-based home equity line of credit (HELOC) business, saw its price target increased to $42 from $39, indicating a potential 35% upside. Robinhood is expanding its offerings to advanced traders and financial services, while Coinbase is focusing on crypto derivatives, subscriptions, and new products like equities trading and banking. Goldman also warned that trading volumes could decline further, potentially reducing 2026 revenue by 2% and profits by 4%, but expects volumes to rebound within a median three-month period. Bitcoin’s price has shown signs of stabilization after recent volatility, with analysts suggesting the market may have reached a potential bottom. Following a sharp selloff that pushed Bitcoin from around $75,000 to $67,000, the cryptocurrency has rebounded, supported by easing selling pressure from ETFs and long-term holders. Over the past month, Bitcoin has traded sideways between $60,000 and $75,000, a pattern often associated with market bottoms.#coinbase #goldman_sachs #james_yaro #robinhood #figure_technologies
Oil prices cross $100 — what lies ahead as the Middle East crisis intensifies? The Middle East crisis has intensified uncertainty in global oil markets, with prices hovering near record highs despite recent dips. Brent crude and US crude have remained above $100, reflecting ongoing disruptions to supply chains caused by the conflict. Prices dipped slightly on Friday, but the $100 threshold remains intact, driven by damaged infrastructure and restricted flows through the Strait of Hormuz. Brent crude fell 0.1% to $108.5 per barrel, while US crude stayed near $95.6, underscoring the persistent impact of the crisis. Analysts warn that the current price levels could persist for an extended period, especially if supply disruptions continue. Goldman Sachs has cautioned that prolonged outages may keep oil prices elevated beyond the immediate term. The firm’s analysts noted that historical supply shocks suggest oil prices could remain above $100 for years, particularly if disruptions last longer than expected. In a severe scenario, where oil flows remain restricted for over two months and production recovers slowly, Brent crude could reach $111 per barrel by late 2027. However, a more optimistic outlook, assuming gradual restoration of flows starting in April, could see prices drop to the $70 range by the end of 2026. The US Energy Information Administration (EIA) projects a similar trajectory, with Brent crude staying above $95 in the near term before declining to around $80 in the third quarter of 2026 and settling at $70 by year-end. The EIA also forecasts an average price of $64 per barrel in 2027, though these projections hinge on the duration of the conflict and the pace of supply recovery. The crisis has already begun to ripple through the energy sector.#strait_of_hormuz #united_airlines #qatarenergy #goldman_sachs #us_energy_information_administration
Oil Price: Hormuz Supply Shock Widens Gap Between Future and Physical Fuel Global oil markets are experiencing a stark divide as the conflict in the Middle East intensifies, with physical fuel prices surging far beyond the levels predicted by oil futures. The Strait of Hormuz, a critical chokepoint for global oil shipments, has been nearly closed due to attacks on energy infrastructure, leading to a sharp rise in Brent crude prices. The benchmark has climbed over 50% to around $112 per barrel, but the cost of actual oil being refined into petrol, diesel, and jet fuel has risen even more sharply, reflecting the growing difficulty in securing supplies. Refiners in Asia are now paying steep premiums above Brent prices to source oil from distant regions, underscoring the severity of the shortage. The impact of this supply crisis extends beyond oil markets, affecting industries reliant on fuel. In India, petrol prices have increased by up to ₹2.35 per litre, while trucking companies face higher fuel costs, some shipping firms are reducing purchases, and European airlines warn that rising jet fuel prices—now exceeding $200 per barrel—will be passed on to passengers. The gap between futures prices and the actual cost of physical oil is partly attributed to measures taken by governments to curb price spikes, such as releasing emergency stockpiles. However, analysts argue that the broader economic consequences of the disruption are more significant than what futures markets suggest. Jeff Currie, chief strategy officer at Carlyle Group Inc., noted that paper markets have become disconnected from physical markets, describing the situation as an "enormous supply shock." Goldman Sachs and Citigroup have warned that oil futures could surpass the 2008 record of $147.50 per barrel if the conflict persists.#strait_of_hormuz #international_energy_agency #goldman_sachs #carlyle_group_inc #citigroup
Brent crude jumps over 60 pc since US-Israel strike on Iran Brent crude prices have surged more than 60 percent since the escalation of conflict in the Middle East, rising from approximately $70 per barrel to around $112 per barrel on Monday. The sharp increase follows heightened tensions in the region, with key shipping routes like the Strait of Hormuz under threat. Crude oil futures for May on the Multi Commodity Exchange (MCX) also rose by 0.65 percent, reaching Rs 9,318 per barrel. Over the past 30 days, Brent crude has climbed about 56 percent, while US West Texas Intermediate (WTI) prices hovered near $98.75 per barrel after a 2 percent gain in the previous session. The ongoing conflict has disrupted oil production in the Middle East, prompting force majeure declarations at several facilities and leading to production cuts. Escalating tensions have also raised concerns about the safety of critical shipping lanes, particularly the Strait of Hormuz, which remains a vital artery for global oil trade. US President Donald Trump has imposed a 48-hour deadline on Iran to fully open the Strait of Hormuz, warning that Iran’s power plants would face severe consequences if the waterway remains closed. Iran’s administration has countered with threats to target energy infrastructure in Gulf countries, asserting that the Strait of Hormuz is not blocked and that navigation continues despite wartime conditions. Goldman Sachs has adjusted its forecasts, raising its 2026 average Brent crude price estimate to $85 per barrel from $77 per barrel. The firm predicts a near-term average of $110 per barrel for March and April, with flows through the Strait of Hormuz expected to remain at only 5 percent of normal levels for six weeks before a gradual recovery over a one-month period.#iran #brent_crude #strait_of_hormuz #us_president_donald_trump #goldman_sachs
Oil prices rise as Trump’s Hormuz ultimatum keeps markets on edge Oil prices climbed on Monday as investors grappled with the potential for further escalation in the Middle East following President Donald Trump’s demand that Tehran reopen the Strait of Hormuz or face strikes on its energy infrastructure. Fears of prolonged disruptions in the critical waterway, which handles about 20% of global oil supplies, have driven prices higher. Iran responded by warning that it would consider electric plants and water facilities in the region “legitimate targets” if its electrical grid were attacked. International benchmark Brent crude futures for May delivery rose 0.9% to $113.21 per barrel, reversing earlier losses, while U.S. West Texas Intermediate (WTI) crude futures for May delivery gained 0.6% to $98.81 a barrel. Goldman Sachs significantly raised its oil price forecasts, projecting Brent to average $110 in March and April, up from a previous estimate of $98—a 62% increase from the 2025 annual average. The bank also upgraded WTI estimates to $98 in March and $105 in April. Analysts noted that if Hormuz flows remain at 5% of normal levels through April 10, Brent prices could surpass their 2008 peak, which reached $147 per barrel. The situation has been exacerbated by Trump’s threat to “obliterate” Tehran’s power plants if the strait was not fully reopened within 48 hours, a deadline set to expire on Monday. Iran’s Parliament spokesperson, Mohammad Baqer Qalibaf, warned that critical infrastructure and energy facilities in the Gulf could be “irreversibly destroyed” in retaliation. Since the U.S.-Israel strikes on Iran on February 28, the country has effectively blocked most commercial shipping through the strait, intensifying fears of a deepening supply shock.#iran #trump #strait_of_hormuz #international_energy_agency #goldman_sachs
Trump’s Iran ultimatum; IEA warns of "severe" oil crisis - what’s moving markets Asia stocks fell sharply on Monday as tensions with Iran escalated, with Japan and South Korea leading the declines. The crisis has intensified fears of a potential disruption in global oil supplies, prompting investors to reassess energy market stability. The International Energy Agency (IEA) issued a warning about the risk of a "severe" oil crisis, citing ongoing geopolitical tensions and the potential for supply chain disruptions. Gold prices dropped by 4% on Monday, erasing all of its 2026 gains, as market participants remained wary of inflationary pressures and the impact of the Iran crisis on global energy markets. Analysts noted that the decline in gold was driven by renewed speculation about central banks maintaining interest rates at current levels, which could dampen demand for non-yielding assets. Goldman Sachs raised its forecast for Brent crude oil prices, predicting higher prices for an extended period. The firm cited increased demand for energy amid geopolitical uncertainty and the potential for production cuts by OPEC+ members. However, the outlook remains cautious, with analysts highlighting the need for sustained supply-side constraints to justify higher prices. The market’s focus on the Iran crisis has also influenced broader financial trends. Investors are closely monitoring developments in the Middle East, with concerns over the potential for conflict affecting global oil trade routes. The situation has added volatility to energy-related stocks and commodities, as traders weigh the risk of supply disruptions against the backdrop of a slowing global economy. Meanwhile, the U.S. dollar strengthened against major currencies as investors sought safe-haven assets amid the uncertainty.#iran #trump #international_energy_agency #opec_plus #goldman_sachs
Nvidia's CEO Jensen Huang has proposed a novel compensation model for engineers, offering artificial intelligence tokens as an additional incentive alongside their base salary. This approach aims to reward employees for deploying AI agents, which Huang envisions as productivity multipliers capable of automating complex tasks. During a speech at the GPU Technology Conference, Huang emphasized that engineers would receive a portion of their annual salary—estimated at hundreds of thousands of dollars—as tokens, which can be used to run AI tools and streamline workflows. Huang described tokens as a growing recruitment tool in Silicon Valley, highlighting their potential to enhance productivity by giving engineers access to AI systems. He outlined a broader vision of the workplace, where human workers collaborate with vast fleets of AI agents. These agents, he argued, could handle multi-step tasks with minimal human input, marking a shift toward a workforce that blends biological and digital employees. Huang previously stated that Nvidia’s employees would one day work alongside hundreds of thousands of AI agents, comparing the scale to his company’s 42,000 human staff. The idea of AI-driven labor transformation has sparked debate among investors and economists. Howard Marks, founder of Oaktree Capital Management, warned of an "incredible leap ahead in AI's capabilities," noting that the technology’s ability to act autonomously could redefine its economic impact. Marks suggested this distinction could separate a $50 billion market from a multi-trillion-dollar one. Goldman Sachs estimates that AI could automate 25% of U.S. work hours, potentially displacing 6% to 7% of jobs over time.#nvidia #jensen_huang #goldman_sachs #gpu_technology_conference #oaktree_capital_management
US and Iran Escalate Conflict Amid Rising Oil Prices and Diplomatic Tensions The United States and Iran have intensified their conflict as oil prices surge and diplomatic tensions escalate. US President Donald Trump announced plans to “wind down” military efforts in the Middle East, but officials revealed thousands of additional troops are being deployed to the region. A senior Iranian source dismissed Trump’s claim, emphasizing Tehran’s continued stance against US involvement. Trump criticized NATO allies for failing to secure the Strait of Hormuz, calling them “cowards” and downplaying prospects of a ceasefire. The strategic waterway, critical for global oil shipments, remains closed, contributing to soaring energy prices. Goldman Sachs analysts predict oil prices could remain elevated through 2027, with Brent crude hitting $112.19 per barrel during the conflict. The US temporarily lifted sanctions on 140 million barrels of Iranian oil, a move defended by US Ambassador to the UN Mike Waltz as “very temporary.” He argued the decision aims to counter Iran’s strategy of driving up energy prices by allowing oil to flow to allies like India and Japan. However, national security experts argue the measure is insufficient to curb prices, as the release of strategic petroleum reserves takes too long to impact markets. Iran’s military actions have also drawn international attention. The country launched intermediate-range ballistic missiles at the US-UK base Diego Garcia in the Indian Ocean, though neither missile struck the facility. The attack highlights Iran’s ongoing efforts to challenge US military presence in the region. CNN has sought comments from the White House, Pentagon, and UK defense officials, while the Wall Street Journal first reported the missile strike. Diplomatic tensions extend beyond the Middle East.#us #iran #donald_trump #strait_of_hormuz #goldman_sachs
