Goldman Sachs says the AI trade could lose steam

Goldman Sachs (GS) analysts warned investors that the artificial intelligence (AI) trade could cool off. The analysts cite AI-focused capital expenditure (CapEx) peaks and enterprise plays falling short, especially given AI stocks' high valuations. These themes are expected to be in focus during Goldman's upcoming Communicopia and Tech Conference. Co-head of TMT Research at Goldman Sachs, Eric Sheridan, joins Opening Bid to discuss what's next in the AI trade. Tune in to Yahoo Finance starting Monday, Sept. 8 for live coverage of Goldman Sachs's 2025 Communacopia and Technology Conference. To watch more expert insights and analysis on the latest market action, check out more Opening Bid.