Goldman Sees Hyperscaler Spending as Continued Boost for Europe Stocks

Goldman’s Peter Oppenheimer expects hyperscalers’ continued spending ramp to sustain earnings growth spillovers into other sectors and regions, including Europe. The tone is constructive rather than a specific earnings/guidance catalyst, implying a modest supportive read-through for equities.

Analysis

Goldman’s Peter Oppenheimer expects hyperscalers’ continued spending ramp to sustain earnings growth spillovers into other sectors and regions, including Europe. The tone is constructive rather than a specific earnings/guidance catalyst, implying a modest supportive read-through for equities.