Goldman Sachs(US:GS) Xin Lang Cai Jing·2025-10-08 13:21Core Viewpoint - Concerns about a bubble in the rapidly rising U.S. tech stocks may be premature, according to Goldman Sachs strategist Peter Oppenheimer [1] Group 1: Market Performance - Tech giants are experiencing record gains accompanied by strong earnings growth, contrasting with past bubbles driven mainly by speculation [1] - The valuation of the tech sector is stretching but has not yet reached levels consistent with historical bubbles [1] Group 2: Investment Strategy - Oppenheimer emphasizes the importance of diversified investment to mitigate risks associated with the concentrated rise of the U.S. stock market and increasing competition in the AI sector [1] - Investors are betting on AI to deliver sustained earnings growth and higher productivity, with companies like Nvidia, Broadcom, and Microsoft driving the U.S. stock market to new historical highs [1]