Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions
Solomon said the wave is unprecedented, but he argued that record wealth and liquidity give markets room for massive AI offerings.
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6 Articles
US stocks increasingly rest on AI pillar
Tech companies boosted US stocks to fresh highs on Tuesday, even as warnings bubbled up over the AI boom’s outsized grip on markets. Despite geopolitical turbulence — a rocky energy market in particular — there is “more greed than there is fear,” Goldman Sachs’ CEO said Tuesday. But outside AI, stocks are far weaker than headline indexes suggest, and investors are underestimating the risk that carries, a market strategist argued, since “the prof…
Goldman’s CEO David Solomon Says ‘Greed’ Is Back as Wall Street Braces for Trillion-Dollar AI IPO Wave
Wall Street is entering one of the most consequential tests of investor appetite in modern market history, with Goldman Sachs CEO David Solomon arguing that capital markets remain strong enough to absorb a coming flood of fundraising from artificial intelligence giants such as OpenAI, Anthropic, and SpaceX. Speaking to CNBC on Tuesday, Solomon delivered a […] The post Goldman’s CEO David Solomon Says ‘Greed’ Is Back as Wall Street Braces for Tri…
According to the CEO of Goldman Sachs, there is plenty of capital available in the market.
Goldman Sachs CEO David Solomon says markets are in ‘greed’ mode as AI companies seek billions
Goldman Sachs CEO David Solomon said Tuesday that investors have shifted decisively into "greed" mode as markets are poised to test an unprecedented fundraising wave for giant artificial intelligence firms. Asked by CNBC's Leslie Picker whether markets could support a string of massive equity offerings from the upcoming initial public offerings of OpenAI, Anthropic and…
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