Goldman Sachs CEO David Solomon Warns of Potential Stock Market Drawdown Amid AI Investment Frenzy

While AI fuels record highs and innovation excitement, Solomon cautions that not all tech investments will deliver, signaling a market correction in the next 12–24 months. Goldman Sachs CEO David Solomon has sounded a note of caution to investors riding the wave of artificial intelligence-driven enthusiasm. Speaking at Italian Tech Week in Turin, Italy, on Friday, Solomon warned that the recent surge in AI investments may be overextended, with stock markets poised for a potential “drawdown” in the coming year or two. Major U.S. stock indexes have repeatedly hit record highs this year, fueled by optimism over AI technologies and … Continue reading Goldman Sachs CEO David Solomon Warns of Potential Stock Market Drawdown Amid AI Investment Frenzy