U.S. Stock Market Movement | Nvidia (NVDA.US) rises over 2% as Goldman Sachs: AI profits will continue to drive the U.S. stock market bull run.

According to the Zhito Finance APP, on Monday, Nvidia (NVDA.US) opened lower but quickly rebounded, rising over 2% as of the time of writing, trading at $205.57. On the news front, despite recent severe volatility in tech stocks and momentum assets, which has raised market concerns over a potential "AI speculation bubble burst," Goldman Sachs' Chief Strategist Ben Snyder stated in a recently released report that investors should not panic excessively. Goldman Sachs believes that the current pullback in the U.S. stock market is a typical concentration squeeze and consolidation, with abnormally strong corporate earnings fundamentals remaining the core engine supporting the U.S. bull market.