Goldman Names 23 Defensive Stocks for Investors Worried About the AI Trade

Crypto Insight Summary: Goldman Sachs is steering investors worried about the artificial intelligence (AI) trade toward health care and consumer staples stocks.  Goldman’s call comes less than a week after RBC Capital Markets cut tech to market weight. On October 14, RBC recommended health care in its place. Rising Rates Put the AI Earnings Engine Under Pressure Goldman’s Crypto Insight Analysis: Direction: Bearish AI / Neutral Crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Goldman Sachs advising defensive stocks over AI could signal risk-off sentiment in tech.