Goldman Sachs sees upside potential building in one stock group that saw significant selling over the past weeks amid concerns of overvaluation. In a new episode of the bank’s This Is the Markets podcast, Goldman Sachs managing director Lee Coppersmith says investor sentiment is now shifting to FOMO, or the fear of missing out, as the S&P 500 is now up about 8% from its 2026 low of 6,316. According to Coppersmith, the FOMO is mostly coming from investors who dumped positions during the height of the AI-disruption fears and rising Middle East hostilities. “Now we have seen a pretty…
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.
The CEO of the stablecoin issuer Circle says blockchain will be at the center of the new digital economy, driven by AI agents that transact, interact and coordinate at scale. In a new No Priors interview, Jeremy Allaire says people mostly believe that the blockchain’s sole purpose in the agentic economy is payments. Allaire says the narrative is far from reality, as blockchain is the only technology in existence that enables AI agents to perform an array of tasks essential to economic activity in the digital world without traditional intermediaries. “And so if you have AI agents that are from…
Prominent on-chain researcher ZachXBT is exposing a network of North Korean IT workers who are infiltrating AI and crypto firms to generate millions of dollars for their handlers. In a new thread on X, ZachXBT says an unnamed source provided exfiltrated data from an internal Democratic People’s Republic of North Korea (DPRK) payment server, including 390 accounts, chat logs and transaction records. According to ZachXBT, the exposé started after a DPRK IT worker’s device was infected with an infostealer, which revealed a data trove outlining a coordinated system built on fake identities, forged documents and crypto-to-fiat conversion pipelines. “It revealed…
High-profile figures in the Trump administration are calling on Congress to swiftly pass a regulatory bill designed to define the rules of the road for crypto assets. Treasury Secretary Scott Bessent spearheads the call, saying that there should be no further delay in passing the Clarity Act. “Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance. It is time for the US Senate Banking Committee to hold a markup and send the CLARITY Act to President Trump’s desk. Senate time is precious, and now is the time to…
AI mass adoption is now here, as artificial intelligence use is quickly spreading across the country. A new survey from Epoch AI and Ipsos, based on more than 2,000 US adults, finds that roughly half reported using AI tools in the past week, with usage heavily concentrated in specific categories. The data shows information lookup and recommendations as the clear top use case. Around 80% of AI users reported using the technology for search-related tasks, making it the most common application by a wide margin. Writing and editing text ranks second, with roughly 60% of users reporting use, followed by…
Amazon chief executive Andy Jassy says demand for one of the hyperscaler’s products is booming. In his 2025 Letter to Investors, Jassy says Amazon is positioning itself a direct competitor to Nvidia (NVDA), even though it wants to maintain a strong partnership with the leading chipmaker. Jassy believes its chips business is opening new opportunities and will allow the firm to save tens of billions of dollars in AI CapEx per year. “Our chips business is on fire, changes the economics for AWS, and will be much larger than most think. Virtually all AI thus far has been done on…
The CEO of the largest bank in the US says a relatively new technology is posing a threat to JPMorgan’s business. In his Annual Letter to shareholders, Jamie Dimon says JPMorgan is facing “extraordinary” global competition from traditional, nontraditional and new players in the industry. Dimon first says the bank is competing against “strengthened” competitors in the banking industry, particularly other lending giants in the US, as well as strong international and investment banks. He also says the bank is keeping a close watch on dozens of nontraditional financial services firms. “As I’ve detailed in previous letters, our rivals increasingly…
The CEO of Galaxy says the crypto asset management titan is diversifying its portfolio, as it ventures into a new digital investment area. In his 2025 Annual Report, billionaire Mike Novogratz says that while crypto grew on the back of narratives for years, he notes stories alone don’t build an economy. According to Novogratz, the digital economy of the future will be anchored by regulated rails, trusted custody solutions and tokenization platforms, setting the stage for the convergence of infrastructure and regulation. “That convergence is what will unlock the next wave of institutional capital moving on-chain at scale.” Novogratz says…
Banking giant Goldman Sachs believes that the hundreds of billions of dollars being allocated to the AI buildout will not slow down anytime soon. In a new Bloomberg interview, Goldman Sachs Asset Management’s co-head of public tech investing, Brook Dane, says the bank’s baseline forecast points to acceleration in AI spending for a longer period of time. According to Dane, the durability of the multi-year AI CapEx indicates investors should have exposure to companies directly benefiting from the spending spree, primarily picks-and-shovels plays. “And so our baseline is you want to still be involved in the semiconductor names, the networking…
Fundstrat CIO Tom Lee believes that the S&P 500 is on the brink of igniting a big surge to a fresh record high. In a new CNBC interview, Lee says the market has carved a major low at 6,316 late last month and is now poised to spark a new uptrend. “I think the bottom’s in because last week was a period where the war was getting worse, and oil was going up, but stocks weren’t going down. So that’s a good precondition. And today, we have the rate of change that the war is de-escalating. So I think stocks…