Don't Just Watch CPI! Goldman Sachs: Two Bigger AI Catalysts Next Week Could Drive the S&P 500's "Right Tail"

AI could be the biggest variable in a "key week" for US stocks: OpenAI's Astra launch and Goldman Sachs' Communacopia + tech conference are imminent catalysts, while hedge fund net leverage has fallen to a one-year low and semiconductor volatility has halved, with the market underestimating risks. Goldman Sachs is bullish on AI capital expenditure, recommending going long on broad-based AI and hedging non-AI S&P exposure.