Goldman Sachs Introduces Custom Basket for Software Stocks

Goldman Sachs Group Inc. has launched a new custom basket designed to address the increasing volatility in software stocks. Bloomberg posted on X, highlighting the firm's strategy to focus on companies that are considered less vulnerable to disruptions from artificial intelligence. This move reflects Goldman Sachs' efforts to adapt to the evolving landscape of the software industry, where AI is playing an increasingly significant role. The basket aims to provide investors with options that are perceived to be more resilient in the face of technological advancements.