Banking titan Goldman Sachs names several reasons why the S&P 500 is not in danger of a massive collapse amid bubble calls. In a new episode of The Markets podcast, Mike Washington of Goldman Sachs’ Global Banking & Markets says the market may be frothy but not in bubble territory. He warns that the S&P 500 may pull back in the near term but notes that a major drawdown is not in sight. “Do I feel that there’s froth in our system right now? Do I feel that a 5 to 8% pullback probably makes sense at least in the…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
Popular technical analyst John Bollinger believes that Ethereum (ETH) and Solana (SOL) are poised to mount a big recovery. In a new post on X, Bollinger, the creator of the Bollinger Bands technical analysis tool, says that both ETH and SOL are flashing a major bullish reversal signal. “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD. Gonna be time to pay attention soon, I think.” A W bottom is a technical analysis pattern, suggesting that buyers are stepping in to create a durable price floor for an asset. Meanwhile, traders use the Bollinger…
Tech titan Microsoft has given OpenAI the green light to ink deals with rival cloud providers after questioning the ChatGPT creator’s ability to generate returns in the event of a server overbuild. In January of 2023, Microsoft committed $10 billion to OpenAI to become its exclusive cloud provider through the end of the decade in exchange for shares in revenue and future profits, reports The Information. But the relationship eventually hit a snag as OpenAI pressed Microsoft to supply the capacity it needed to feed the ChatGPT creator’s growing demand for compute. But Microsoft faced challenges in building new data…
A macroeconomics expert warns that the massive AI-driven capital raise in the US has now become the largest bubble in recent history, threatening to demolish the current financial order. In an investor note, Julien Garran, a researcher and partner at the UK firm MacroStrategy Partnership, says investments in AI, housing, venture capital and crypto are now 17 times larger than the dot-com frenzy and 4 times the 2008 real estate bubble. He warns that the size of the “capital misallocation” could spark a major catastrophe and change the financial world as we know it. “Make no mistake, I think that…
An ex-White House economic advisor says the current AI bubble is flashing signs of excess and could trigger a massive loss of household wealth if it bursts. In a new CNBC interview, Jared Bernstein, who chaired the Council of Economic Advisers under President Biden, warns that AI valuations have climbed beyond even the speculative excesses of the late-1990s dot-com era. He highlights that the AI industry now accounts for a sizeable chunk of the US economy. “The problem with bubbles is it’s hard to know if they’re really what you think they are until it’s too late. But there are…
Nvidia CEO Jensen Huang says the next evolution of work will blur the line between human employees and artificial ones, and that the companies adapting fastest will be the ones that learn to manage both. Speaking at the Citadel Securities Future Of Global Markets 2025 event, Huang says every organization will eventually need to train and “onboard” its own digital workforce, a process that mirrors how companies currently bring in new hires. “The fact of the matter is we take pride in onboarding employees. And how the method by which you do so, the culture by which you bring them…
Goldman Sachs is building a new team to capture the flood of capital pouring into the AI infrastructure push. According to a memo cited by The Wall Street Journal, the bank is forming a team within its global banking and markets division focused on financing data centers, energy systems and other large-scale assets tied to the AI economy. People familiar with the plan say the team will structure loans and attract investors for AI-related infrastructure projects, including power-hungry data centers, renewable energy installations and liquefied natural gas production. On top of the AI buildout, the new group will also finance…
Americans are being bombarded by billions of scam calls each month, and a new report warns that AI is supercharging schemes to make them more convincing. In its Ringing in Our Fears 2025 report, the U.S. PIRG Education Fund says Americans are receiving an estimated 2.56 billion scam and telemarketing calls every month through September, up from 2.14 billion a year ago. “Billions of calls are a lot. When you drill down to individual people, 31% of American adults say they get at least one scam phone call a day, according to Pew Research Center. For an unlucky 21%, they…
A top strategist at Fidelity says the latest surge across AI stocks, gold and Bitcoin may be more than just a coincidence, as he sees the trades as a sign of eroding trust in the US dollar. In a new post on X, Jurrien Timmer, the director of global macro at Fidelity Investments, says both hard assets and digital ones are gaining traction as the world transitions from a US-led monetary order to a multipolar one. “Another major feature of the markets these days has been the relentless rise in the price of gold, joined by silver and, of course,…
A former Tesla executive says one type of job could be among the first to face large-scale AI automation as systems become more capable of handling repetitive digital tasks. In a new interview with podcaster Dwarkesh Patel, Andrej Karpathy, who previously led AI development at Tesla and OpenAI, says current machine learning systems are well-suited for tightly scoped, routine work. At the current stage of development, Karpathy says AI can now take over the jobs of call center employees. “As an example, call center employees often come up, and I think rightly so, because call center employees have a number…