Goldman Sachs: The scope of stock market gains will expand in the second half of the year, with tech company profit growth as a key driver

Odaily Planet Daily News: Peter Oppenheimer, Chief Global Equity Strategist at Goldman Sachs, stated that global stock markets are expected to sustain their strong rally from the second quarter, with profit growth from tech companies serving as a key driving force. "As long as earnings performance remains solid and the scope of growth broadens, I believe the stock market will continue to rise in the second half of the year,"

Oppenheimer remarked, "The gains may not match those of the first half, but I expect the rally to be broad-based." He noted that profit growth in the tech sector will persist, even as investor attention shifts from data center and cloud computing platform operators to semiconductor and equipment manufacturers that underpin the artificial intelligence (AI) boom. (Jin Shi)