Goldman Sachs reveals US power sector maintains $2T investment resilience (2023-2032) despite OBBBA's $600B green incentive cuts. AI/data center demand drives 2.5% annual electricity growth, green reliability premium rises to $48/MWh. Key insight: reliability imperatives outweigh policy dependence, while 510K workforce gap emerges as critical constraint.

Goldman Sachs latest research reveals global diesel inventories down 10-15% YoY to second-lowest post-pandemic levels. While current margins expected to moderate from extreme highs, they'll stabilize $10/barrel above pre-pandemic averages. Three key drivers: accelerated European refinery closures, China's policy-driven diesel output decline of 0.3mb/d, and constrained heavy crude supply. NY Harbor heating oil margin forecast raised to $28/barrel for H2 2025, with refining capacity additions slowing dramatically from 1.2mb/d to 0.5mb/d, supporting structural tightness in diesel markets.

Fed HQ renovation costs soared from $1.9B to $2.5B, Trump pressures rate cuts. Intel cuts 15% workforce pivoting to AI chips, Tesla profits drop 16% betting on autonomy. US collected $55B tariffs mainly absorbed by companies, GM reports billions in losses. July PMI rose to 54.6 showing resilience, but manufacturing contracted first time, real estate weakened. LVMH profits fell 22% lobbying trade deals.

The July 24, 2025, Wall Street Journal highlights AI-driven industry shifts and global trade developments. Tech giants like Google thrive in cloud growth, while Tesla’s profits dip, banking on autonomous driving. A US-Japan trade deal lowers tariffs, boosting markets; EU talks target 15% tariffs. Real estate cools, BNPL impacts credit, and geopolitical, compliance issues persist.

Goldman Sachs' Tesla Q2'25 analysis shows: Non-GAAP EPS $0.40 beats estimate by 14%, revenue $22.49B exceeds forecast by 2%. Auto gross margin 15.0% significantly outperforms, energy margin 30.3% becomes highest-profit segment. Company withdrew 2025 growth outlook due to policy uncertainty, Goldman forecasts 11% delivery decline. Maintains Neutral rating with $285 target price.

Goldman Sachs' latest Alphabet Q2'25 earnings analysis reveals: Total revenue of $96.43B exceeded expectations with 14% growth, Google Cloud surged 32% as key highlight, EPS $2.31 beat estimates. Company raised capex to $85B for AI investments but faces near-term antitrust ruling uncertainty. Goldman maintains Buy rating with $225 target, bullish on long-term digital economy positioning and AI transformation prospects.

Goldman Sachs Q2 2025 gaming report reveals robust AAA pipeline with Grand Theft Auto VI expected to generate over $3 billion in bookings. IAP fee shifts to DTC channels present margin expansion opportunities while mobile gaming shows low-single-digit growth with strategy games surging 24% market share. Take-Two earns Buy rating at $255 target as traditional publishers face divergence. Report emphasizes established IP advantages over new releases amid continued volatility in game launches.

Morgan Stanley maintains Apple Overweight rating with $235 target on July 21. June quarter revenue forecast $90.72B beats consensus by 2%, services growth raised to 11.6% for 8th consecutive double-digit quarter. September quarter includes first-time $1.5B tariff costs, reducing product gross margin by 220bp. Three uncertainties block $215 breakthrough: Section 232 tariff implementation, Google TAC judicial ruling (worst case 10%+ EPS decline), AI strategy clarity. Apple's differentiated AI approach avoids search competition, focuses on OS integration with Siri-centered architecture combining proprietary LLMs and third-party white-label tech. 1.4B user base monetization potential huge with monthly ARPU only $23 far below ceiling, iPhone 5-year replacement cycle pent-up demand awaits release.