+Follow
Mikeong
No personal profile
1
Follow
0
Followers
0
Topic
0
Badge
Posts
Hot
Mikeong
04-15 15:32
Share your opinion about this news…
Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a "Technical Rebound"
Mikeong
2025-06-26
Share your opinion about this news…
Stock Track | SOXL Surges 5% as Semiconductor Stocks Rally on TSMC's Strong Sales Report
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3581627849390359","uuid":"3581627849390359","gmtCreate":1618535131806,"gmtModify":1618535131806,"name":"Mikeong","pinyin":"mikeong","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":1,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.07","exceedPercentage":"80.59%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.03.26","exceedPercentage":"60.71%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.09.17","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":553891274023992,"gmtCreate":1776238369775,"gmtModify":1776238687493,"author":{"id":"3581627849390359","authorId":"3581627849390359","name":"Mikeong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581627849390359","authorIdStr":"3581627849390359"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/553891274023992","repostId":"1124136431","repostType":2,"repost":{"id":"1124136431","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1776220840,"share":"https://ttm.financial/m/news/1124136431?lang=en_US&edition=fundamental","pubTime":"2026-04-15 10:40","market":"us","language":"en","title":"Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1124136431","media":"Trading Random","summary":"US software stocks have staged a sharp rebound recently, but $Goldman Sachs(GS)$ argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still...","content":"<html><head></head><body><p style=\"text-align: left;\">US software stocks have staged a sharp rebound recently, but <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.</p><p style=\"text-align: left;\">Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received "a high volume of inquiries regarding yesterday’s software rally." While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.</p><p style=\"text-align: left;\">Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks "had become extremely extreme last week."</p><p style=\"text-align: left;\">However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.</p><h2 style=\"text-align: left;\">Technical Rebound Sparked by Oversold Conditions</h2><p style=\"text-align: left;\">From a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5004eba661bc0453da0bb68ddcd10de7\" data-align=\"center\" tg-width=\"809\" tg-height=\"457\"/><span></span></p><p style=\"text-align: left;\">The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.</p><p style=\"text-align: left;\">Additionally, renewed market scrutiny of the "Mythos" technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called "Mythos narrative."</p><h2 style=\"text-align: left;\">Extreme Short Positioning Fuels Short-Squeeze Dynamics</h2><p style=\"text-align: left;\">Goldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.</p><p style=\"text-align: left;\">Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.</p><p style=\"text-align: left;\">Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/748a219ad7ffac404fcad32ced20b1a6\" data-align=\"center\" tg-width=\"511\" tg-height=\"407\"/><span></span></p><h2 style=\"text-align: left;\">AI Pressures Valuations; Fundamental Concerns Persist</h2><p style=\"text-align: left;\">Beyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.</p><p style=\"text-align: left;\">The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.</p><p style=\"text-align: left;\">In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHas the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-04-15 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">US software stocks have staged a sharp rebound recently, but <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.</p><p style=\"text-align: left;\">Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received "a high volume of inquiries regarding yesterday’s software rally." While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.</p><p style=\"text-align: left;\">Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks "had become extremely extreme last week."</p><p style=\"text-align: left;\">However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.</p><h2 style=\"text-align: left;\">Technical Rebound Sparked by Oversold Conditions</h2><p style=\"text-align: left;\">From a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5004eba661bc0453da0bb68ddcd10de7\" data-align=\"center\" tg-width=\"809\" tg-height=\"457\"/><span></span></p><p style=\"text-align: left;\">The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.</p><p style=\"text-align: left;\">Additionally, renewed market scrutiny of the "Mythos" technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called "Mythos narrative."</p><h2 style=\"text-align: left;\">Extreme Short Positioning Fuels Short-Squeeze Dynamics</h2><p style=\"text-align: left;\">Goldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.</p><p style=\"text-align: left;\">Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.</p><p style=\"text-align: left;\">Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/748a219ad7ffac404fcad32ced20b1a6\" data-align=\"center\" tg-width=\"511\" tg-height=\"407\"/><span></span></p><h2 style=\"text-align: left;\">AI Pressures Valuations; Fundamental Concerns Persist</h2><p style=\"text-align: left;\">Beyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.</p><p style=\"text-align: left;\">The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.</p><p style=\"text-align: left;\">In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124136431","content_text":"US software stocks have staged a sharp rebound recently, but Goldman Sachs argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received \"a high volume of inquiries regarding yesterday’s software rally.\" While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks \"had become extremely extreme last week.\"However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.Technical Rebound Sparked by Oversold ConditionsFrom a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.Additionally, renewed market scrutiny of the \"Mythos\" technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called \"Mythos narrative.\"Extreme Short Positioning Fuels Short-Squeeze DynamicsGoldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.AI Pressures Valuations; Fundamental Concerns PersistBeyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.","news_type":1,"symbols_score_info":{"VGT":0.9,"CHAT":0.51,"AIPO":0.51,"AGIX":0.51,"RSI":1,"IGM":0.9,"IGV":0.51,"GSX":0.6,"GS":1.5,"ARTY":0.51,"AI":0.51}},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":450223441829976,"gmtCreate":1750946376916,"gmtModify":1750947532353,"author":{"id":"3581627849390359","authorId":"3581627849390359","name":"Mikeong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581627849390359","authorIdStr":"3581627849390359"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/450223441829976","repostId":"1147106279","repostType":2,"repost":{"id":"1147106279","kind":"news","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1749571264,"share":"https://ttm.financial/m/news/1147106279?lang=en_US&edition=fundamental","pubTime":"2025-06-11 00:01","market":"nz","language":"en","title":"Stock Track | SOXL Surges 5% as Semiconductor Stocks Rally on TSMC's Strong Sales Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1147106279","media":"Stock Track","summary":"Direxion Daily Semiconductors Bull 3x Shares soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.The rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in rev","content":"<p>Direxion Daily Semiconductors Bull 3x Shares (SOXL) soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.</p>\n\n<p>The rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s (TSMC) impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in revenue for May, totaling approximately $10.7 billion. This robust performance, despite an 8.3% month-over-month decline, signaled strong demand in the semiconductor market and boosted investor confidence across the sector.</p>\n\n<p>Other semiconductor stocks also saw significant gains, contributing to SOXL's leveraged upward movement. Notably, Wolfspeed led the pack with a 10% increase, while TSMC, ON Semiconductor, Micron, and NXP Semiconductors each rose by 3%. Industry giants like ASML and Qualcomm were up 2%, with AMD, Arm, and Intel following closely with 1% gains. Even market leader Nvidia saw a modest 0.1% increase. This broad-based rally in chip stocks underscores the positive sentiment surrounding the semiconductor industry, likely driven by factors such as AI advancements and continued strong demand for electronic components.</p>","source":"ai_movement_en","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SOXL Surges 5% as Semiconductor Stocks Rally on TSMC's Strong Sales Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SOXL Surges 5% as Semiconductor Stocks Rally on TSMC's Strong Sales Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-06-11 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Direxion Daily Semiconductors Bull 3x Shares (SOXL) soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.</p>\n\n<p>The rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s (TSMC) impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in revenue for May, totaling approximately $10.7 billion. This robust performance, despite an 8.3% month-over-month decline, signaled strong demand in the semiconductor market and boosted investor confidence across the sector.</p>\n\n<p>Other semiconductor stocks also saw significant gains, contributing to SOXL's leveraged upward movement. Notably, Wolfspeed led the pack with a 10% increase, while TSMC, ON Semiconductor, Micron, and NXP Semiconductors each rose by 3%. Industry giants like ASML and Qualcomm were up 2%, with AMD, Arm, and Intel following closely with 1% gains. Even market leader Nvidia saw a modest 0.1% increase. This broad-based rally in chip stocks underscores the positive sentiment surrounding the semiconductor industry, likely driven by factors such as AI advancements and continued strong demand for electronic components.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOXL":"三倍做多半导体ETF-Direxion Daily"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147106279","content_text":"Direxion Daily Semiconductors Bull 3x Shares (SOXL) soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.\nThe rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s (TSMC) impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in revenue for May, totaling approximately $10.7 billion. This robust performance, despite an 8.3% month-over-month decline, signaled strong demand in the semiconductor market and boosted investor confidence across the sector.\nOther semiconductor stocks also saw significant gains, contributing to SOXL's leveraged upward movement. Notably, Wolfspeed led the pack with a 10% increase, while TSMC, ON Semiconductor, Micron, and NXP Semiconductors each rose by 3%. Industry giants like ASML and Qualcomm were up 2%, with AMD, Arm, and Intel following closely with 1% gains. Even market leader Nvidia saw a modest 0.1% increase. This broad-based rally in chip stocks underscores the positive sentiment surrounding the semiconductor industry, likely driven by factors such as AI advancements and continued strong demand for electronic components.","news_type":1,"symbols_score_info":{"SOXL":1}},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":553891274023992,"gmtCreate":1776238369775,"gmtModify":1776238687493,"author":{"id":"3581627849390359","authorId":"3581627849390359","name":"Mikeong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581627849390359","idStr":"3581627849390359"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/553891274023992","repostId":"1124136431","repostType":2,"repost":{"id":"1124136431","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1776220840,"share":"https://ttm.financial/m/news/1124136431?lang=en_US&edition=fundamental","pubTime":"2026-04-15 10:40","market":"us","language":"en","title":"Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1124136431","media":"Trading Random","summary":"US software stocks have staged a sharp rebound recently, but $Goldman Sachs(GS)$ argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still...","content":"<html><head></head><body><p style=\"text-align: left;\">US software stocks have staged a sharp rebound recently, but <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.</p><p style=\"text-align: left;\">Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received "a high volume of inquiries regarding yesterday’s software rally." While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.</p><p style=\"text-align: left;\">Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks "had become extremely extreme last week."</p><p style=\"text-align: left;\">However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.</p><h2 style=\"text-align: left;\">Technical Rebound Sparked by Oversold Conditions</h2><p style=\"text-align: left;\">From a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5004eba661bc0453da0bb68ddcd10de7\" data-align=\"center\" tg-width=\"809\" tg-height=\"457\"/><span></span></p><p style=\"text-align: left;\">The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.</p><p style=\"text-align: left;\">Additionally, renewed market scrutiny of the "Mythos" technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called "Mythos narrative."</p><h2 style=\"text-align: left;\">Extreme Short Positioning Fuels Short-Squeeze Dynamics</h2><p style=\"text-align: left;\">Goldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.</p><p style=\"text-align: left;\">Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.</p><p style=\"text-align: left;\">Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/748a219ad7ffac404fcad32ced20b1a6\" data-align=\"center\" tg-width=\"511\" tg-height=\"407\"/><span></span></p><h2 style=\"text-align: left;\">AI Pressures Valuations; Fundamental Concerns Persist</h2><p style=\"text-align: left;\">Beyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.</p><p style=\"text-align: left;\">The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.</p><p style=\"text-align: left;\">In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHas the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-04-15 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">US software stocks have staged a sharp rebound recently, but <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.</p><p style=\"text-align: left;\">Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received "a high volume of inquiries regarding yesterday’s software rally." While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.</p><p style=\"text-align: left;\">Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks "had become extremely extreme last week."</p><p style=\"text-align: left;\">However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.</p><h2 style=\"text-align: left;\">Technical Rebound Sparked by Oversold Conditions</h2><p style=\"text-align: left;\">From a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5004eba661bc0453da0bb68ddcd10de7\" data-align=\"center\" tg-width=\"809\" tg-height=\"457\"/><span></span></p><p style=\"text-align: left;\">The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.</p><p style=\"text-align: left;\">Additionally, renewed market scrutiny of the "Mythos" technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called "Mythos narrative."</p><h2 style=\"text-align: left;\">Extreme Short Positioning Fuels Short-Squeeze Dynamics</h2><p style=\"text-align: left;\">Goldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.</p><p style=\"text-align: left;\">Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.</p><p style=\"text-align: left;\">Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/748a219ad7ffac404fcad32ced20b1a6\" data-align=\"center\" tg-width=\"511\" tg-height=\"407\"/><span></span></p><h2 style=\"text-align: left;\">AI Pressures Valuations; Fundamental Concerns Persist</h2><p style=\"text-align: left;\">Beyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.</p><p style=\"text-align: left;\">The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.</p><p style=\"text-align: left;\">In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124136431","content_text":"US software stocks have staged a sharp rebound recently, but Goldman Sachs argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received \"a high volume of inquiries regarding yesterday’s software rally.\" While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks \"had become extremely extreme last week.\"However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.Technical Rebound Sparked by Oversold ConditionsFrom a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.Additionally, renewed market scrutiny of the \"Mythos\" technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called \"Mythos narrative.\"Extreme Short Positioning Fuels Short-Squeeze DynamicsGoldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.AI Pressures Valuations; Fundamental Concerns PersistBeyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.","news_type":1,"symbols_score_info":{"VGT":0.9,"CHAT":0.51,"AIPO":0.51,"AGIX":0.51,"RSI":1,"IGM":0.9,"IGV":0.51,"GSX":0.6,"GS":1.5,"ARTY":0.51,"AI":0.51}},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":450223441829976,"gmtCreate":1750946376916,"gmtModify":1750947532353,"author":{"id":"3581627849390359","authorId":"3581627849390359","name":"Mikeong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581627849390359","idStr":"3581627849390359"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/450223441829976","repostId":"1147106279","repostType":2,"repost":{"id":"1147106279","kind":"news","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1749571264,"share":"https://ttm.financial/m/news/1147106279?lang=en_US&edition=fundamental","pubTime":"2025-06-11 00:01","market":"nz","language":"en","title":"Stock Track | SOXL Surges 5% as Semiconductor Stocks Rally on TSMC's Strong Sales Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1147106279","media":"Stock Track","summary":"Direxion Daily Semiconductors Bull 3x Shares soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.The rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in rev","content":"<p>Direxion Daily Semiconductors Bull 3x Shares (SOXL) soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.</p>\n\n<p>The rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s (TSMC) impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in revenue for May, totaling approximately $10.7 billion. This robust performance, despite an 8.3% month-over-month decline, signaled strong demand in the semiconductor market and boosted investor confidence across the sector.</p>\n\n<p>Other semiconductor stocks also saw significant gains, contributing to SOXL's leveraged upward movement. Notably, Wolfspeed led the pack with a 10% increase, while TSMC, ON Semiconductor, Micron, and NXP Semiconductors each rose by 3%. Industry giants like ASML and Qualcomm were up 2%, with AMD, Arm, and Intel following closely with 1% gains. Even market leader Nvidia saw a modest 0.1% increase. This broad-based rally in chip stocks underscores the positive sentiment surrounding the semiconductor industry, likely driven by factors such as AI advancements and continued strong demand for electronic components.</p>","source":"ai_movement_en","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SOXL Surges 5% as Semiconductor Stocks Rally on TSMC's Strong Sales Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SOXL Surges 5% as Semiconductor Stocks Rally on TSMC's Strong Sales Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-06-11 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Direxion Daily Semiconductors Bull 3x Shares (SOXL) soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.</p>\n\n<p>The rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s (TSMC) impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in revenue for May, totaling approximately $10.7 billion. This robust performance, despite an 8.3% month-over-month decline, signaled strong demand in the semiconductor market and boosted investor confidence across the sector.</p>\n\n<p>Other semiconductor stocks also saw significant gains, contributing to SOXL's leveraged upward movement. Notably, Wolfspeed led the pack with a 10% increase, while TSMC, ON Semiconductor, Micron, and NXP Semiconductors each rose by 3%. Industry giants like ASML and Qualcomm were up 2%, with AMD, Arm, and Intel following closely with 1% gains. Even market leader Nvidia saw a modest 0.1% increase. This broad-based rally in chip stocks underscores the positive sentiment surrounding the semiconductor industry, likely driven by factors such as AI advancements and continued strong demand for electronic components.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOXL":"三倍做多半导体ETF-Direxion Daily"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147106279","content_text":"Direxion Daily Semiconductors Bull 3x Shares (SOXL) soared 5% in Tuesday's intraday trading, riding the wave of a broader rally in semiconductor stocks. The leveraged ETF's significant move came as the semiconductor sector experienced widespread gains, with several major players posting notable increases.\nThe rally was primarily fueled by Taiwan Semiconductor Manufacturing Co.'s (TSMC) impressive May sales report. TSMC, a bellwether for the global chip industry, announced a 40% year-over-year increase in revenue for May, totaling approximately $10.7 billion. This robust performance, despite an 8.3% month-over-month decline, signaled strong demand in the semiconductor market and boosted investor confidence across the sector.\nOther semiconductor stocks also saw significant gains, contributing to SOXL's leveraged upward movement. Notably, Wolfspeed led the pack with a 10% increase, while TSMC, ON Semiconductor, Micron, and NXP Semiconductors each rose by 3%. Industry giants like ASML and Qualcomm were up 2%, with AMD, Arm, and Intel following closely with 1% gains. Even market leader Nvidia saw a modest 0.1% increase. This broad-based rally in chip stocks underscores the positive sentiment surrounding the semiconductor industry, likely driven by factors such as AI advancements and continued strong demand for electronic components.","news_type":1,"symbols_score_info":{"SOXL":1}},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
