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Goldman Sachs' Ashok Varadhan pointed to three reasons for his constructive outlook.
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The Wall Street bank said the latest earnings season suggests that the massive investments in artificial intelligence is justified.
The Wall Street bank said the latest earnings season suggests that the massive investments in artificial intelligence is justified.
Find insight on oil futures and Adnoc Gas in the latest Market Talks covering Energy and Utilities.
With gold prices gaining over 6 per cent, inflows outstripped outflows as overall investments were $3.04 billion
Barrick sank as much as 9.7% after analysts judged its $1.95 billion Fourmile deal too cheap, while hedge funds turned their most bullish on gold in six months.
Apollo, Blackstone and Goldman Sachs are among groups working with the chipmaker to raise capital for data centre boom
