According to CoinMeta, Goldman Sachs pointed out in its research report on August 10 that the global profit margin continues to expand, providing support for the stock market. According to Trend Research, the MSCI global index rose by 2.9% last week, with the United States leading the gain at 3.7%. AI trading continued to diverge, with South Korea's KOSPI index falling by 7.4% in a single week, while the tech sector as a whole rose by 5.5%. The scale of long positions sold in global tech stocks over the past two weeks reached the largest since 2014. Goldman Sachs stated that the EM regional EPS corrections continue to be upward revised, with South Korea and Taiwan, China contributing the most to this trend. The eurozone EPS has been strengthening since April and has surpassed the United States for the first time. Goldman Sachs targets a 12-month price of 8,300 points for the S&P 500, and a target price of 1,080 points for the MSCI Asia-Pacific index (excluding Japan).