Goldman Sachs says AI stock selloff resembles 1998, not 2000 dot-com bust
11/07/2026 — 11/07, 17:18·1 sources (all)·1 reports (all)
Key takeaways
- According to Wallstreetcn, Goldman Sachs' FICC and equities trading desk said in a November 6 report that the recent tech stock selloff look…
Background & analysis
Rich Privorotsky, who heads Goldman's FICC and equities business, backed the 1998 analogy in the same daily update. He argued that the AI growth engine itself may remain intact, and that markets are sharply repricing construction financing and its timing rather than underlying demand. He also pointed to forced liquidations in leveraged ETFs ahead of the close as a factor amplifying the day's decline. Privorotsky further noted that if this analogy holds, such episodes have historically turned into buying opportunities.
AI-generated from 1 reports · updated 8 hours ago
- Heat index
- 77
- All sources
- 1
- All reports
- 1
- First seen
- 9 hours ago
Reports on this story headlines open the original
In a November 6 note, Goldman Sachs' FICC and equities desk framed the tech selloff as a 1998-style liquidity shock and forced deleveraging rather than the start of a 2000-style bubble burst. Rich Privorotsky, who leads the business, argues the AI growth engine may still be intact and that markets are repricing buildout financing and timing, not underlying demand, according to Wallstreetcn.
华尔街见闻AI score 52
Other stories people are talking about
- Heat index 755OpenAI closes $11B tranche at $1.25T valuation, down from a $30B plan12 sources
- Heat index 711Anthropic IPO valuation expectations fall to $1.1 trillion amid AI selloff14 sources
- Heat index 509Meta adds Spaces and a new model to Muse in the US11 sources
- Heat index 483Thinking Machines Lab releases Inkling 2 Small amid reported $5B funding round12 sources
- Heat index 366Gemini Omni 1.2 Flash is now available via Gemini API, Google AI Studio and Google Cloud, generating native 15-second audio-video clips at $0.07 per second.10 sources
How is heat calculated?About the methodHide
Heat counts how many independent sources covered a story in the last 48 hours: one source counts once no matter how many posts it published, decaying with a 24-hour half-life. What ranks first is what many people are talking about.
This page aggregates public feeds. Headlines and summaries are machine-organized and remain the property of the original authors; verify important facts at the source. If you believe a headline or summary infringes your rights, email the contact address in the footer with the page URL and basis of your claim, and we will remove or replace it after review.
- Surge
- Discussion rising fast
- New
- First report within 6 hours
- Rising
- Still gathering discussion