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02:06
Goldman Sachs: AI-Driven Breakout Rally Has Room to Extend if Earnings Season Remains Strong
On April 13, Louis Miller, head of Goldman Sachs' global equity customized basket business, pointed out that the current momentum indicators have not yet entered the overbought territory. As long as the fundamentals during the upcoming earnings season remain robust, this AI-driven breakout rally still has ample room to extend, especially in the AI infrastructure sector. The market consensus estimates that the year-over-year EPS growth rate for information technology stocks will reach as high as 44% in the first quarter of this year, which is undoubtedly the core catalyst for this season. Despite recent volatility in gold prices, Goldman Sachs maintains its baseline forecast that gold prices will reach $5,400 per ounce by the end of this year. The three main drivers supporting this aggressive target are: the ongoing diversification demand from global central banks, the normalization of speculative positions, and the expectation that the Federal Reserve will cut interest rates by 50 basis points within the year. In this macroeconomic context, gold mining companies have indeed benefited from positive operating leverage, significantly improved free cash flow, and the potential to increase dividends.
02:05
A certain whale went long on a multimillion-dollar BTC position, set a sell order, and planned to take profit above $43.5 with a HYPE long position.
BlockBeats News, April 13, according to Hyperinsight monitoring, a whale starting with 0xa6e briefly closed its BTC long position to break even, which was previously as large as 200.5 BTC, equivalent to $14.2 million, with a closing price of $71,116. Subsequently, the address has placed a HYPE sell order in the past half hour, planning to take partial profits after HYPE rises above $43.5. The current position is $9.84 million, with an average price of $39.25, and unrealized profits of $620,000 (48%). Address: 0xa6ee1ed1ae80b8352603654b39f5e7b9bedd5078
02:04
The 1985 USD Cost Basis ETH Swing Trader Whale is now taking profit, with an unrealized gain of 1,085,000 USD
BlockBeats News, April 13th, according to on-chain analyst Ai Auntie (@ai_9684xtpa) monitoring, the whale who opened a position in ETH at $1985 is now profit-taking. The whale known for using $10 million for swing trading, address 0x54d…e6029, has placed a 5000 WETH limit sell order on Cowswap, with a total value of $11.01 million. It previously opened a position near the short-term low on March 30th, and if this sell order goes through, it will realize a profit of $1.085 million.
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