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US SECURITIES AND EXCHANGE COMMISSION APPOINTS GIBSON DUNN LAWYER DAVID WOODCOCK TO BE ENFORCEMENT DIRECTOR, EFFECTIVE MAY 4 -STATEMENT
2026-04-09
US SECURITIES AND EXCHANGE COMMISSION APPOINTS GIBSON DUNN LAWYER DAVID WOODCOCK TO BE ENFORCEMENT DIRECTOR, EFFECTIVE MAY 4 -STATEMENT
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2026-04-09
Goldman Sachs Asset Management recommends investors focus on the “picks and shovels” of AI, including semiconductor and cybersecurity companies, as capital expenditure accelerates despite geopolitical risks from the Iran war. Brook Dane, GSAM co-head
Goldman Sachs Asset Management recommends investors focus on the “picks and shovels” of AI, including semiconductor and cybersecurity companies, as capital expenditure accelerates despite geopolitical risks from the Iran war. Brook Dane, GSAM co-head of public tech investing, said compute capacity remains constrained, supporting a multiyear investment cycle. He highlighted Marvell Technology for its strong vendor ties and growth potential, and noted that AI advances are increasing demand for cybersecurity solutions. Dane emphasized that the AI investment cycle is early to mid-stage, with durable opportunities ahead.
2026-04-09
US equities rallied sharply Wednesday as a two-week US-Iran ceasefire raised hopes for a reopening of the Strait of Hormuz. The Dow Jones jumped 2.8% (+1,300 points), the S&P 500 rose 2.5%, and the Nasdaq gained 2.8%. Brent crude fell 11% to $96/bbl,
US equities rallied sharply Wednesday as a two-week US-Iran ceasefire raised hopes for a reopening of the Strait of Hormuz. The Dow Jones jumped 2.8% (+1,300 points), the S&P 500 rose 2.5%, and the Nasdaq gained 2.8%. Brent crude fell 11% to $96/bbl, while WTI dropped nearly 14% to $96/bbl. President Trump called it a “double sided CEASEFIRE,” and Iran’s Abbas Araghchi confirmed safe passage through the strait during the period.
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